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5) Dane Company had the following transactions during the month of September. Record (i.e. write the journal entries) these transactions. September 1 Borrowed $20,000 from
5) Dane Company had the following transactions during the month of September. Record (i.e. write the journal entries) these transactions. September 1 Borrowed $20,000 from the bank, signing loan documents. September 5 Performed services worth $220 for a customer, who paid in cash. September 10 Received a $70 electric bill for the month of August September 15 Performed services worth $350 for a customer, who paid on account. September 20 Paid electric bill (received September 10). September 25 Received full payment for customer services rendered on September 15. September 30 Paid $1,000 of employee salary for the month of September
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