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Create a Journalized transaction for a starting poultry farm company 1.Journalize transactions for a month: setting up a company (e.g. the journal entry to record

Create a Journalized transaction for a starting poultry farm company

1.Journalize transactions for a month:

  • setting up a company (e.g. the journal entry to record investment of cash by the shareholder, buy PP&E, etc.),
  • buying inventory,
  • selling merchandise.
  • receiving cash
  • adjusting deferrals (unearned revenue, prepaid expenses, depreciation, etc.) and accruals (utilities payable, wages payable, etc.)

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