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Prepare journal entries for each of the following transactions & Post the following transactions to T-accounts and determine each account's ending balance. 1. Performed services

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Prepare journal entries for each of the following transactions & Post the following transactions to T-accounts and determine each account's ending balance. 1. Performed services for customers on account $5,000. 2. Purchased $20,000 of equipment on account. 3. Received $3,000 from customers in transaction 1. 4. The owner, R. Orbison, withdrew $1,000 cash for personal use. sion

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