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Central Stats Telecom a communication service provider in lowa, Nebraska, the Dakotas, and Montana had the following Wansactions during the year. (Click the icon

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Central Stats Telecom a communication service provider in lowa, Nebraska, the Dakotas, and Montana had the following Wansactions during the year. (Click the icon to view the transactions) Read the Requirement 1. Journalize the entries to record Central States Telecom's transactions during the year (Recard debts best, then credits. Select the explanation on the last line of the journal entry table) Mar 20, Central States Telecom purchased Swift Wireless Enterprises for $280.000 cash plus a $420.000 note payable Swift's book value of assets was $700,000wi's market value of assets and abilities was $1,200,000 and $510,000 respectively Date Mar 20 Accounts and Explanation Debit Credit

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