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Record the following transactions as journal entries. Paid $7.000 cash on account. Date Accounts and Explanation Debit Credit Nov. 3 Prepaid $9,000 cash for rent.
Record the following transactions as journal entries. Paid $7.000 cash on account. Date Accounts and Explanation Debit Credit Nov. 3 Prepaid $9,000 cash for rent. Date Accounts and Explanation Debit Credit Nov. 4 Received $8,000 for services rendered to a client Date Accounts and Explanation Debit Credit Nov.5 Paid $9,000 cash for land Date Accounts and Explanation Debit Credit Nov.5 Purchased $6,000 of equipment on account. Date Accounts and Explanation Debit Credit Nov.5
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