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Prepare a journal entry for the purchase of office Supplies on March 9 for $1,775, paying $275 cash and the remainder on account. Refer to

Prepare a journal entry for the purchase of office Supplies on March 9 for $1,775, paying $275 cash and the remainder on account. Refer to the Chart of Accounts for exact wording of account titles.

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JOURNAL

ACCOUNTING EQUATION

DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY

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