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Question 2 The following transactions take place in April 2018 for Del Martin Consulting: a) Del Martin invested $15,000 cash into his new business. b)
Question 2 The following transactions take place in April 2018 for Del Martin Consulting: a) Del Martin invested $15,000 cash into his new business. b) Purchased $2,000 of furniture on account. c) Purchased $500 of furniture, paying cash. d) Did $1,000 of work for a customer; collected cash. e) Did $700 of work for a customer on account. f) Paid $500 regarding (b) g) Collected $300 regarding (e). h) Did $400 of work for a client on credit. a Required: a. Journalize all transactions. b. Open and record the transactions in T-accounts. General Journal P. R Debit Credit Account Titles and Explanation T-Accounts Trial Balance ACC No. ACCOUNT TITLE DEBIT CREDIT Total Income Statement Statement of Changes in Owner's Equity Balance Sheet 5 ACCT 101a
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