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Journalise the below transactions Journalise this transactions Journalize the following business transactions in general journal form. (Credit account titles are automatically indented when the amount
Journalise the below transactions
Journalise this transactions
Journalize the following business transactions in general journal form. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) 1. Received $20,500 cash as investment from Clay Johnson, the company's owner. 2. Purchased equipment for $32,800, paying $12,300 in cash and giving a note payable for the remainder. 3. Paid $2,460 for a one-year insurance policy. 4. Billed customers for $18,450 of services provided on account. 5. Paid monthly rent of $1,230. 6. Performed $5,330 of services and immediately received $5,330 cash. 7. Collected $1,640 from customers on account. 8. Hired a secretary. 9. Paid the secretary his first week's salary of $574. No. Account Titles Debit Credit 1. 2. 3. 4. 5. 6. 7. 8. 9Step by Step Solution
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