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Purchases and Cash Payments Transactions Emily Frank owns a small retail business called Franks Fantasy. The cash account has a balance of $20,800 on July

Purchases and Cash Payments Transactions

Emily Frank owns a small retail business called Franks Fantasy. The cash account has a balance of $20,800 on July 1. The following transactions occurred during July: 11

Issued Check No. 415 to Tillys Toys for merchandise purchased on account, less return of July 5 and less 2% discount.

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