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Requirements 1. Journalize the transactions of Gavin Ward Optical Dispensary. Include an explanation with each journal entry. 2. The following T-accounts have been opened for

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Requirements 1. Journalize the transactions of Gavin Ward Optical Dispensary. Include an explanation with each journal entry. 2. The following T-accounts have been opened for you: Cash (Beginning Balance of $22,000 ), Office Supplies, and Accounts Payable. Post the journal entries from Requirement 1 to the accounts, and compute the balance in each account. Gavin Ward Optical Dispensary completed the following transactions during the latter part of March: Requirement 1. Journalize the transactions of Gavin Ward Optical Dispensary. Include an explanation with each journal entry. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Mar. 15: Purchased office supplies on account, $4,200. Mar. 28: Paid $1,200 on account. Mar. 28: Paid $1,200 on account. Requirement 2. The following T-accounts have been opened for you: Cash (Beginning Balance of $22,000 ), Office Supplies, and Accounts Payable. Post the journal entries from Requirement 1 to the accounts, and compute the balance in each account. (Use a "Bal." posting reference on the proper side of each account to show the ending balances of the accounts.) Data table Anderson Carpet Care had the following total assets, liabilities, and equity as of October 31 : (Click the icon to view the data.) What is Anderson Carpet Care's debt ratio as of October 31

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