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Open a ledger account for Cash in balance column format. Post general journal entries that impact cash from Exercise 2-9 to the ledger account for
Open a ledger account for Cash in balance column format. Post general journal entries that impact cash from Exercise 2-9 to the ledger account for Cash, and enter the balance after each posting.
Aug. | 1 | M. Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company. |
2 | The company paid $2,100 cash for an insurance policy covering the next 24 months. | |
5 | The company purchased supplies for $880 cash. | |
20 | The company received $3,331 cash from taking photos for customers. | |
31 | The company paid $675 cash for August utilities. |
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