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answer please Exercise Two: (9 Points) Mr. Parker, the owner of DEXI Catering, opened his business on July 1, 20XX. During the month of July,
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Exercise Two: (9 Points) Mr. Parker, the owner of DEXI Catering, opened his business on July 1, 20XX. During the month of July, the following events occurred. July 5 Catered a $4,000 food event on account. The cost of the food served was $1,600. Date Account Title and Explanation Debit Credit July 5 (Catered a food event on account) July 5 (To record the cost food) July 10 Mr. Parker withdrew $1,500 cash from the business for personal use. DateJuly10AccountTitleandExplanation July 15 Paid the amount due for the purchase of supplies. DateAccountTitleandExplanationDebitCredit July 20 July 31 Paid salaries of $2,500 Date Account Title and Explanation Debit Credit July 31Step by Step Solution
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