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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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