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Journalize the following transactions into the general journal in accordance with the rules of Journalizing, and the Double-entry accounting system. March 30 Smith Company purchases

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Journalize the following transactions into the general journal in accordance with the rules of Journalizing, and the Double-entry accounting system. March 30 Smith Company purchases land for $50,000 on account. November 2 Smith Company receives $6,400 payment from a customer on account. Date Account Title Debit Credit

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