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Make the following journal entries for Entity A in good form. Titles +1-first one is Titles +1/2 1. On January 1, 2022, Entity A
Make the following journal entries for Entity A in good form. Titles +1-first one is Titles +1/2 1. On January 1, 2022, Entity A sold common stock for $30,000 to investors. 2. On January 3, 2022, Entity A performed services for Entity B for $1,500 on account. 3. On January 5, 2022, Entity A performed services for Entity C for $750 and Entity C paid. 4. On January 7, 2022, Entity A purchased a new computer (office equipment) from Best Buy for $500, paying $100 down, the rest on account. 5. On January 20, Entity B paid Entity A in full (see item 2). 6. On January 30, Entity A paid Best Buy for the computer (see item 4). 7. On January 31, Entity A received its utility bill for $150 and paid it.
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