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Terrapin Company engages in the following external transactions for November. 8 1. Purchase equipment in exchange for cash of $23,300. 2. Provide services to customers
Terrapin Company engages in the following external transactions for November. 8 1. Purchase equipment in exchange for cash of $23,300. 2. Provide services to customers and receive cash of $5.100 3. Pay the current month's rent of $1,300. 4. Purchase office supplies on account for $1.600. 5. Pay employee salaries of $1,500 for the current month Required: Record the transactions. Terrapin uses the following accounts: Cash, Supplies, Equipment, Accounts Payable Service Revenue, Rent Expense, and Salaries Expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 5 4 Purchase equipment in exchange for cash of $23,300 4036 18 Next >
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