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Terrapin Company engages in the following external transactions for November 1. Purchase equipment in exchange for cash of $23.400 2. Provide services to customers

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Terrapin Company engages in the following external transactions for November 1. Purchase equipment in exchange for cash of $23.400 2. Provide services to customers and receive cash of $6,300 3. Pay the current month's rent of $1,300, 4. Purchase office supplies on account for $1,000 5. Pay employee salaries of $2,100 for the current month. Required: Record the transactions. Terrapin uses the following accounts: Cash, Supplies Equipment, Accounts Payable, Service Revenue. Rent Expence, and Salaries Expense. If no entry la required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 Purchase equipment in exchange for cash of $23,400. steater debts before credits Transaction General Journal Debit Crudit

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