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Business transactions for the Alright Company for the first month of business are shown below Required: Prepare the journal entries to record these transactions. (Please

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Business transactions for the Alright Company for the first month of business are shown below Required: Prepare the journal entries to record these transactions. (Please do not include explanations.) Use (as needed) the following accounts: Cash, Accounts Receivable, Office Supplies, Prepaid Insurance, Office Equipment Accounts Payable, Dividends Payable. Com Excess of Par Value, Common (PIC-CS), Retained Earnings, Consulting Services Eamed, Salary Expense, Office Supplies Expe And Utility Expense. March 1 The company issues 1,000 shares of $5.00 par value common stock for $30,000 cash. March 1 The company pays $6,000 for the premium on a 12-month insurance policy March 5 The company purchased office equipment for $1,000 on credit Click Save and Submit to save and submit. Click Save All Answers to save all answers. Type here to search

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