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Journalise the following business transaction Purchased office equipment for $6,000, paying $2,500 in cash and the remainder on credit. $3,500, loan Received a cheque for

Journalise the following business transaction

Purchased office equipment for $6,000, paying $2,500 in cash and the remainder on credit. $3,500, loan

Received a cheque for $3,000 from a client in payment on account for commissions invoiced last month

Paid $1,200 cash dividends to shareholders

Paid $200 cash on account for office supplies purchased last month for $400 on account

Paid $2,200 cash for office salaries

Real estate commissions invoiced to clients amount to $4,000

Shareholders invest $35,000 in cash in starting a real estate office operating as a company.

Received an account for $500 for advertising for the current month.

Purchased $400 of office supplies on credit.

Paid $700 in cash for the current month's rent.

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