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Continue... Using the analysis prepared in Exercise 2-2, prepare the journal entries for the month of September. Use the following template. Ensure to include the

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Continue... Using the analysis prepared in Exercise 2-2, prepare the journal entries for the month of September. Use the following template. Ensure to include the date, the account descriptions, the debit and credit amount and a description of the journal entry. The first transaction has been completed for you. Exercise 2-3 Journalizing general journal entries LO5 Credit Debit Account Titles and Explanation Date Sept. 1 Cash.. 15,000 a. 15,000 Christina Reis, Capital. Investment by owner Continue... Doctine antrlae tn T.accounts 1O5 (2) Financial (3) Normal (4) Effect of a (5) Effect of a (1) Basic Account Statement Balance Debit Credit Asset Balance Sheet a Cash Debit Increase Decrease Excercise 2-2 Analyzing transactions LO3, 5 Christina Reis is a photographer who owns Lola Lemon Photography. This is the first month of operations. The following are the transactions for the month of September. a. On September 1, Reis invested $15,000 cash into her new business. b. On September 12, purchased $2,000 of equipment (cameras) on credit. c. On September 13, purchased $500 of equipment (lighting), paying cash. d. On September 18, photographed an engagement session for $1,000; collected cash. 123 e. On September 21, photographed a family session for $700 on credit. f. On September 26, paid $1,000 regarding (b). g. On September 29, collected $300 regarding (e). d. e. f. Required For each transaction, complete the analysis and determine the journal entry analysis. Use the template below. The first transaction has been completed for you. Assets increase. Equity increases Analysis a. Debit the cash account for $15,000. Credit the Christina Reis, Capital account in equity for $15,000 Journal entry analysis Continue... Exercise 2-3 Journalizing general journal entries LO5 Using the analysis prepared in Exercise 2-2, prepare the journal entries for the month of September. Use the following template. Ensure to include the date, the account descriptions, the debit and credit amount. and a description of the journal entry. The first transaction has been completed for you. Date Account Titles and Explanation Debit Credit Sept. 1 al Cash 15.000 Christina Reis, Capital

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