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Fill in each of the following T-accounts for Belle Co.'s seven transactions listed here. The T-accounts represent Belle Co.'s general ledger. Code each entry
Fill in each of the following T-accounts for Belle Co.'s seven transactions listed here. The T-accounts represent Belle Co.'s general ledger. Code each entry with transaction number 1 through 7 (in order) for reference. 1. D. Belle created a new business and invested $6,100 cash, $6,000 of equipment, and $11,500 in web servers in exchange for common stock. 2. The company paid $4,600 cash in advance for prepaid insurance coverage. 3. The company purchased $600 of supplies on account. 4. The company paid $600 cash for selling expenses. 5. The company received $4,000 cash for services provided. 6. The company paid $600 cash toward accounts payable. 7. The company paid $2,700 cash for equipment.
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