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thanks a lot March 1: A customer paid $11,560 for a sale which occurred in January. Date Particulars DR CR March 7: Paid $125,000 in

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thanks a lot

March 1: A customer paid $11,560 for a sale which occurred in January. Date Particulars DR CR March 7: Paid $125,000 in advance for the next 6 months IT services and recognises all such transactions to an asset account. Date Particulars DR CR March 11: Interest of $23,455 was paid in arrears. Date Particulars DR CR

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