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Record the following transactions in the general journal provided below. 1. Borrowed $500 from the bank at 5% annual interest. 2. Earned $100 of revenue

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Record the following transactions in the general journal provided below. 1. Borrowed $500 from the bank at 5% annual interest. 2. Earned $100 of revenue by providing consulting services to a client on cash basis. 3. Acquired 550 of office supplies on credit. 4. Paid salaries of S60 in cash to employees. 5. Paid the annual interest on the bank loan (number 1 above) at year-end. Accounts Debit Credit Trans. 1. 2. 3. 4

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