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Journalize the following transactions occurring in April. Assume the equipment was purchased at the beginning of the monthChoices can be used more than once. Real
Journalize the following transactions occurring in April. Assume the equipment was purchased at the beginning of the monthChoices can be used more than once. Real estate commissions earned, billed to customers, totaled $4.000. 6,000 Paid $100 toward office supplies invoice recorded in (2). 1. Office Eq Cash Note Payable 2.000 4,000 Paid salaried employees $2.200, 2nd payroll. Payroll is every 2 weeks for a 10-day payroll. 100 2. Cash 100 AR 4,000 3. Purchase $400 of office supplies on account Revenue 4.000 Cash 35.000 4. 35,000 Paid salaried employees $2,200, 1 st payroll. Payroll is every 2 weeks for a 10-day payroll. Common Stock Dividends 100 5. Cash 100 Paid currents months rent of $700. 700 6. Rent Expense Cash 700 Received checks totaling $1500 from customers billed in (4) and deposited in the bank. 400 7. Office Supplies A/P 400 Declared and paid dividends totaling $100. 2.200 8. Wage Expense Cash | 2.200 Cash 1,500 Stockholders invest S35,000 in cash to start a real estate office operating as a corporation. 9. AR 1,500 Purchase office equipment for $6,000, fair market value = 6,500, estimated life
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