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can you put them exactly as they are shown? GLO203 - (No Analysis Tab) - Based on Exercise 2-12 Prepare journal entries for each transaction
can you put them exactly as they are shown?
GLO203 - (No Analysis Tab) - Based on Exercise 2-12 Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded. Assume Griffin Services began the year with the following balances: Cash, $50,000; Accounts receivable, $11,500; and Common stock, $61,500. Jan. 1 Rita Griffin invested $21,500 cash in the company in exchange for common stock. Jan. 2 The company provided services to a client and immediately received $5,400 cash. Jan. 3 The company received $11,500 cash from a client in payment for services to be provided next year. Jan. 4 The company received $6,500 cash from a client in partial payment of accounts receivable. Jan. 5 The company borrowed $12,500 cash from the bank by signing a note payable. Journal entry worksheet N January 2 - The company provided services to a client and immediately received $5,400 cash. Note: Enter debits before credits. Date Account Title Debit Credit Jan 02 Record entry Clear entry View general Journal Journal entry worksheet January 5 - The company borrowed $12,500 cash from the bank by signing a note payable. Note: Enter debits before credits. Account Title Debit Credit Date Jan 05 Record entry Clear entry View general JournalStep by Step Solution
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