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(The following information applies to the questions displayed below) Suppose your company sells services of $330 in exchange for $210 cash and $120 on account.

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(The following information applies to the questions displayed below) Suppose your company sells services of $330 in exchange for $210 cash and $120 on account. Depreciation of $140 relating to equipment also is recorded. E12-4 Part 1 Required: 1. Prepare the journal entries to record these transactions. (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 Record the service revenue of $210 for cash and $120 on account. View transaction list Journal entry worksheet Record the service revenue of $210 for cash and $120 on account. Note: Enter debits before credits. Debit General Journal Transaction Credit View general journal Record entry Clear entry Journal entry worksheet Record the depreciation expense of $140. Note: Enter debits before credits. Transaction General Journal Debit Credit View general journal Record entry Clear entry

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