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July 1: Issued common stock for $17,000 July 5: Performed services on account for $10,000 July 9: Purchased office supplies on account for $500 July
July 1: Issued common stock for $17,000 July 5: Performed services on account for $10,000 July 9: Purchased office supplies on account for $500 July 10: Performed services for cash of $2,600 July 12: Received payment in full for services performed on account from July 5 July 24: Paid in full for office supplies purchased on July 9 July 25: Received and paid monthly electric bill of $300 July 30: Signed a note payable to purchase office furniture for $5,000 July 31: Paid monthly payroll of $3,900 Joumalize the following transactions. Include dates and a brief explanation for each journal entry. Click the icon to view the transactions.) Journalize the following transactions for July. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) July 1: Issued common stock for $17.000 Journal Entry Accounts and Explanations Date Debit Credit Jul July 5: Performed services on account for $10,000 Journal Entry Accounts and Explanations Date Debit Credit Jul Choose from any list or enter any number in the input fields and then continue to the next question. Journalize the following transactions. Include dates and a brief explanation for each journal entry. (Click the icon to view the transactions.) July 9: Purchased office supplies on account for $500 Journal Entry Date Accounts and Explanations Debit Credit Jul July 10: Performed services for cash of $2,600 Journal Entry Date Accounts and Explanations Debit Credit Jul Journalize the following transactions. Include dates and a brief explanation for each journal entry. (Click the icon to view the transactions.) July 12: Received payment in full for services performed on account from July 5 Journal Entry Date Accounts and Explanations Debit Credit Jul July 24: Paid in full for office supplies purchased on July 9 Journal Entry Date Accounts and Explanations Debit Credit Jul Journalize the following transactions. Include dates and a brief explanation for each journal entry. (Click the icon to view the transactions.) July 25: Received and paid monthly electric bill of $300 Journal Entry Date Accounts and Explanations Debit Credit Jul July 30: Signed a note payable to purchase office furniture for $5,000 Journal Entry Date Accounts and Explanations Debit Credit Jul July 31: Paid monthly payroll of $3,900 Journal Entry Date Accounts and Explanations Debit Credit Jul
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