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III. The Recording Process (20 points) Tintin, Inc., experienced the following transactions during September. Prepare the appropriate journal entries to record these transactions comit explanations

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III. The Recording Process (20 points) Tintin, Inc., experienced the following transactions during September. Prepare the appropriate journal entries to record these transactions comit explanations and date please) in September 1) The company issued 100 stures of common stock to Investors for $30,000 cash. b.) The company borrowed a loan from a bank by signing a 120-day, S6,000, note payable. c.) Purchased supplies in cash for $500 d.) Purchased merchandise on account for $10,000 e.) Sold merchandise on account to a customer for $11,000; cost of the sold merchandise was $6,000. 1) Paid $3,000 cash to the vendor for merchandise purchased in transaction d). B) Received $5,000 from the customer in payment for the sale billed in transaction e). h.) Paid $1,000 for a one-year insurance policy, 1.) Received a bill for $600 for the current month's utilities. The company won't pay it until next month

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