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Suppose your company sells services of $270 in exchange for $180 cash and $90 on account Depreciation of $110 relating to equipment also is recorded.

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Suppose your company sells services of $270 in exchange for $180 cash and $90 on account Depreciation of $110 relating to equipment also is recorded. Required: 1. Prepare the journal entries to record these transactions. (If no entry is required for a transaction/event, select "No JOL Entry Required" in the first account field.) View transaction list Journal entry worksheet

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