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The transactions below summarize all activity for the year. Prepare the journal entry for each transaction on the 'Journal Entries' worksheet of the FIZZ spreadsheet
The transactions below summarize all activity for the year. Prepare the journal entry for each transaction on the 'Journal Entries' worksheet of the FIZZ spreadsheet (the first is done for you). You do not need to include explanations; just enter the account names and the amount each account is debited or credited. Also post each journal entry to the respective t-accounts on the 'T-Accounts' worksheet. (a) FIZZ purchased new equipment for $990 cash. (
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