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The following transactions occurred for Wilke Technology Solutions: (i) (Click the icon to view the transactions.) Journalize the transactions of Wilke Technology Solutions. Include an
The following transactions occurred for Wilke Technology Solutions: (i) (Click the icon to view the transactions.) Journalize the transactions of Wilke Technology Solutions. Include an explanation with each journal entry. Use the following accounts: Cash; Accounts Receivable; Office Supplies; Prepaid Advertising; Land; Building; Accounts Payable; Unearned Revenue; Wilke, Capital; Service Revenue; Rent Expense; and Salaries Expense. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) May 4: Paid $57,000 cash for building and land. The building had a fair market value of $45,000. Prepare a compound entry. The following transactions occurred for Wilke Technology Solutions: (i) (Click the icon to view the transactions.) Journalize the transactions of Wilke Technology Solutions. Include an explanation with each journal entry. Use the following accounts: Cash; Accounts Receivable; Office Supplies; Prepaid Advertising; Land; Building; Accounts Payable; Unearned Revenue; Wilke, Capital; Service Revenue; Rent Expense; and Salaries Expense. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) May 4: Paid $57,000 cash for building and land. The building had a fair market value of $45,000. Prepare a compound entry
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