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Saved Practice for Points 0 Exercise 13-8A (Algo) T-accounts and the accounting equation LO 13-1 Required Record each of the following Fred Co. events in

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Saved Practice for Points 0 Exercise 13-8A (Algo) T-accounts and the accounting equation LO 13-1 Required Record each of the following Fred Co. events in T-accounts: a. Received $25,500 cash by issuing common stock. Cash Common Stock Debit Credit Debit Credit b. Purchased supplies for $990 cash. Cash Supplies Credit Debit Credit Debit c. Purchased land for $5,000 cash. Cash Land Debit Credit Debit Credit d. Performed services for $4,700 cash. Cash Service Revenue Debit Credit Debit Credit

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