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The following selected transactions were completed during august of the current year: 1. Billed customers for fees earned $73,900. 2. Purchased supplies on account, $1,960.

The following selected transactions were completed during august of the current year:

1. Billed customers for fees earned $73,900.

2. Purchased supplies on account, $1,960.

3. Received cash from customers on account, $62,770.

4. Paid creditors on account, $820.

Journalize these transactions in a two -column journal.

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