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Indicate which accounts and by what amount should be credited and debited to record the following transactions : [How you do it (T-accounts, ledger entries,

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Indicate which accounts and by what amount should be credited and debited to record the following transactions : [How you do it (T-accounts, ledger entries, etc). is up to you] A. Sell stock for $48,000 B. Buy $4,500 of inventory on account C.A truck that has a $30,000 book value is sold for $35,000. The buyer pays $25,000 and signs a $10,000 note D. Pay $2,000 to someone who sold you goods 20 days ago. E. Pay back a $20,000 loan to a bank

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