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WRITE OUT THE ACCOUNTING ENTRIES FOR THE FOLLOWING TRANSACTIONS (1 point each) 1) Purchase of inventory for $100 on credit, list price was $110 2)

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WRITE OUT THE ACCOUNTING ENTRIES FOR THE FOLLOWING TRANSACTIONS (1 point each) 1) Purchase of inventory for $100 on credit, list price was $110 2) Sale of services for cash, $250 3) Sale of Land for $200,000 (cost of land was $150,000) 4) Write off of bad debt of $450 5) Agreement to buy $2,000 of supplies in 2020

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