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Oractice Quiz over Journal Entries (14 points) Make the following journal entries for January 2024 for Entity A in good form. 1. On January 1,
Oractice Quiz over Journal Entries (14 points) Make the following journal entries for January 2024 for Entity A in good form. 1. On January 1, Entity A sold common stock for $30,000 to investors. 2. On January 3, Entity A performed services for Entity B for $1,500 on account. 3. On January 5 , Entity A performed services for Entity C for $750 and Entity C paid. 4. On January 7, 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). Oractice Quiz over Journal Entries (14 points) Make the following journal entries for January 2024 for Entity A in good form. 1. On January 1, Entity A sold common stock for $30,000 to investors. 2. On January 3, Entity A performed services for Entity B for $1,500 on account. 3. On January 5 , Entity A performed services for Entity C for $750 and Entity C paid. 4. On January 7, 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)
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