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Record each of the following Fred Co. events in T-accounts: a. Received $11,500 cash by issuing common stock. CASH , COMMON STOCK Debit Credit ,
Record each of the following Fred Co. events in T-accounts: a. Received $11,500 cash by issuing common stock.
CASH , COMMON STOCK
Debit Credit , Debit Credit _____ ______ , ______ ______ b. Purchased supplies for $620 cash.
CASH , SUPPLIES
Debit Credit , Debit Credit _____ ______ , ______ ______
c. Purchased land for $9,700 cash.
CASH , LAND
Debit Credit , Debit Credit _____ _____ , ______ _____
d. Performed services for $4,400 cash.
CASH , SERVICE REVENUE
Debit Credit , Debit Credit ____ ______ , ______ ______
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