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Exercise 2-8A Record transactions (L02-4) Torrapin Company engages in the following external transactions for November, 1. Purchase equipment in exchange for cash of $22,200. 2.

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Exercise 2-8A Record transactions (L02-4) Torrapin Company engages in the following external transactions for November, 1. Purchase equipment in exchange for cash of $22,200. 2. Provide services to customers and receive cash of $6,000 3. Pay the current month's rent of $1,400. 4. Purchase office supplies on account for $1300 5. Pay employee salaries of $2,400 for the current month. Required: Record the transactions. Terrapin uses the following accounts: Cash, Supplies, Equipment, Accounts Payable, Service Revenue, Rent Expense, and Salaries Expense of no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View transaction list Journal entry worksheet 1 2 3 4 6 5 Purchase equipment in exchange for cash of $22,200. Note: Enter debits before credits Transaction General Journal Dobit Credit 1 Record entry Clear entry View general Journal ***** 1 Purchase equipment in exchange for cash of $22,200. 2 Provide services to customers and receive cash of $6,000. 3 Pay the current month's rent of $1,400. 4 Purchase office supplies on account for $1,300. 5 Pay employee salaries of $2,400 for the current month. Note : journal entry has been entered

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