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Fredo Industries had the following transactions. (a) Indicate what accounts are increased and decreased by each transaction. (b) Journalize each transaction. (Credit account titles are
Fredo Industries had the following transactions.
(a) Indicate what accounts are increased and decreased by each transaction.
(b) Journalize each transaction. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
1. 2. Borrowed $6,572 from the bank by signing a note. Paid $3,286 cash for a computer. d $591 of supplies on account
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