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Journalize the following business transactions in general journal form. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If
Journalize the following business transactions in general journal form. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. List all debit entries before credit entries.) 1. a 2. 3. 5. The owner, Mai Li, invests $46,400 in cash in starting a real estate office operating as a sole proprietorship. Purchased $500 of supplies on credit Purchased equipment for $10.440, paying $4,640 in cash and signed a 30-day, 55,800, nate payable. Real estate commissions billed to clients amount to $4.640. Paid $928 in cash for the current month's rent. Paid $232 cash an account for supplies purchased in transaction 2. Received a bill for $696 for advertising for the current month. Paid $2,900 cash for office salaries and wages. Li withdrew $2,086 from the business for living expenses. Received a check for $2,900 from a client in payment on account for commissions billed in transaction 4. 6. 7. a. 9. 10. . No. Account Titles and Explanation Debit Credit 1. . 2. 3. 4. 5. 6. 7. 9. 10
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