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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 $6,100 cash, $6,000 of equipment, and $11,500 in web servers. 2. The company paid $4,600 cash in advance for prepaid insurance coverage. 3. The company purchased $600 of supplies on credit. 4. The company paid $600 cash for selling expenses. 5 . The company received $4,000 cash for services provided. 6 . The company paid $600 cash toward accounts payable. 7. The company paid $2,700 cash for equipment. Fill in each of the following T-accounts for Belle Company's seven transactions listed here. The T-accounts represent Belle Company's general ledger. Code each entry with transaction number 1 through 7 (in order) for reference. Use above information to prepare general journal entries for Belle Company's 1 through 7 transactions. Journal entry worksheet Note: Enter debits before credits
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