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journalize the following transactions into thegeneral journalin accordance with the rules ofJournalizing, and theDouble-entry accounting system. June2Bailey Company pays current month's rent, $1,700.October13Bailey Company purchasesequipmentcosting

journalize the following transactions into thegeneral journalin accordance with the rules ofJournalizing, and theDouble-entry accounting system.

June2Bailey Company pays current month's rent, $1,700.October13Bailey Company purchasesequipmentcosting $5,600, paying 40% down and the rest on account.

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