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Required information [The following information applies to the questions displayed below.) The transactions of Belle Company's appear below. 1. D. Belle created a new business
Required information [The following information applies to the questions displayed below.) The transactions of Belle Company's appear below. 1. D. Belle created a new business and invested $6,500 cash, $7,500 of equipment, and $13,400 in web servers. 2. The company paid $5,000 cash in advance for prepaid insurance coverage. 3. The company purchased $800 of supplies on credit. 4. The company paid $900 cash for selling expenses. 5. The company received $5,400 cash for services provided. 6. The company paid $800 cash toward accounts payable. 7. The company paid $3,500 cash for equipment. Use above information to prepare general journal entries for Belle Company's 1 through 7 transactions. View transaction list Journal entry worksheet Record the owner investment. Note: Enter debits before credits. Transaction General Journal Debit Credit 1. Record entry Clear entry View general journal
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