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Required information Use the following information for Exercises 19-20 below. (Algo) [The following information applies to the questions displayed below.] Chase Company posted transactions (a

Required information Use the following information for Exercises 19-20 below. (Algo) [The following information applies to the questions displayed below.] Chase Company posted transactions (a through in the following T-accounts in December, its first month of operations. Cash Supplies Debit Credit Debit Credit a. 18,000 b. C. 17,000 e. f. 6,000 b. 7,000 d. 5,000 6,000 7,500 Accounts Payable Common Stock Debit Credit Debit Credit f. 5,000 d. 7,500 a. 18,000 Services Revenue Rent Expense Debit Credit Debit Credit c. 17,000 7,000 Exercise 2-19 (Algo) Identifying transactions from T-accounts LO A1 Prepare the six journal entries from which the postings were made. Journal entry worksheet < 1 2 3 4 5 6 > Record the owner investment in exchange for stock. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Common stock Accounts payable Cash Common stock Rent expense Services revenue Record en Supplies View general journal

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