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Post all transactions to the t-accounts and calculate ending balances. Make sure you post all transactions in chronological order. Date Accounts and Explanation Debit Credit
Post all transactions to the t-accounts and calculate ending balances. Make sure you post all transactions in chronological order.
Date Accounts and Explanation Debit Credit Dec. 1 Cash 25,700 Furniture 12,800 Common Stock 38,500 Date Accounts and Explanation Debit Credit Dec. 1 Prepaid Insurance 1,400 Cash 1,400 Date Accounts and Explanation Debit Credit Dec. 4 Office Supplies 460 Cash 460
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