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On July 4, 2026, the following transactions occurred in the books of different companies: Alpha Company purchased $60,000 of inventory on credit from Beta Suppliers.
On July 4, 2026, the following transactions occurred in the books of different companies:
- Alpha Company purchased $60,000 of inventory on credit from Beta Suppliers.
- Beta Suppliers granted a $6,000 discount to Alpha Company for early payment of the invoice from Transaction 1.
- Gamma Enterprises paid $25,000 in cash for marketing services provided by Delta Marketing.
- Delta Marketing provided $10,000 worth of advertising services to Epsilon Solutions on credit.
- Epsilon Solutions returned $4,000 worth of unused marketing materials to Delta Marketing.
- Zeta Industries sold equipment for $80,000 cash to Theta Corporation.
- Theta Corporation paid $12,000 for consulting services provided by Iota Consulting.
- Iota Consulting granted a $1,200 discount to Theta Corporation for prompt payment of the consulting invoice.
- Kappa Ventures received a $35,000 loan from Lambda Bank.
- Lambda Bank charged $3,500 as interest on the loan provided to Kappa Ventures.
Requirement: Journalize all these transactions into a general journal.
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