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For the following business activities, list the transaction cycle, specialized journal (if any), and source document (if any) (two points each): A) Pay off mortgage
For the following business activities, list the transaction cycle, specialized journal (if any), and source document (if any) (two points each): A) Pay off mortgage on office building. B) Received raw materials that were previously ordered and will be paid for next month. The materials were shipped FOB destination. C) Bill customer for services performed. D) Record office employee's hourly timecards. E) Collect payment on customer's account
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