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Make the journal entries for the transactions which took place for Jakob. July 31, 2019. Jakob purchased ( $ 18,000 ) of equipment on a

image text in transcribedimage text in transcribed Make the journal entries for the transactions which took place for Jakob. July 31, 2019. Jakob purchased \\( \\$ 18,000 \\) of equipment on a one year, 7 percent note payable. (Record debits first, then credits. Exclude explanations from journal entries.) May 31,2020 . Accrued interest expense. (Round your answer to the nearest whole dollar.) year end), and the payment of the note plus interest on July 31, 2020. May 31, 2020. Accrued interest expense. (Round your answer to the nearest whole dollar.) July 31,2020 . Payment of the note plus interest

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