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Prepare journal entries for the following transactions of Manley Beach Enterprises: 1) Paid $55,000 cash for office equipment. 2) Performed services for customers on account,
Prepare journal entries for the following transactions of Manley Beach Enterprises:
1) Paid $55,000 cash for office equipment.
2) Performed services for customers on account, $1,000.
3) Paid rent expense of $1075.
4) Received $1,700 payment from customers on account.
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