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I need the answer as soon as possible The following transactions are to be entered in the journal: 1 May Purchased plant on credit from

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The following transactions are to be entered in the journal: 1 May Purchased plant on credit from J Smith for $1,000 plus sales tax at 17.5% 3 May Wrote off the following bad debts P Taylor M Morris Y Bhatti $500 $300 $100 4 May Sold office machinery for $800 to A Bell on credit. The machinery had cost $1,000 and had been depreciated by $400

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