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Pharoah Company had the following transactions: 1. borrowed $6,572 from the bank by signing a note 2. paid $3,286 cash for a computer 3. purchased
Pharoah Company had the following transactions:
1. borrowed $6,572 from the bank by signing a note
2. paid $3,286 cash for a computer
3. purchased $591 of supplies on account
(a) create a debit analysis and credit analysis columns and indicate what accountd afe increased and decreased by each transaction.
(b) journalize each transaction.
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