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You are presented with the following transactions for J. King, a sole proprietorship established in the month of August: Aug. 2 The owner, Jason King,

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You are presented with the following transactions for J. King, a sole proprietorship established in the month of August: Aug. 2 The owner, Jason King, invested $43,400 in the business: 2 Purchased supplies on account for $680 5 Purchased equipment for $12,400 by signing a note paryable due in three months. 9. Provided services for $18,600. Of this amount, $9,300 was received in cash. The balance was on account. 14 Paid salaries of $1.500. 15 Paid Jason King $5.300 for his personal use. 19 Acustomer paid $3.050 in advance for services to be provided next month. 22 Paid the balance owing for the supplies purchased on August 2. 25 Collected the remaining $9,300 of the anount owing from the August 9 transaction. 26 Paid otfice expense of $4.000. 30 Paid interest of $60 on the note payable signed on August 5. Journalize the August transactions. CCredit occount tides are automotically indented when amount br entered. Do not indent menualiy if no entry is required, select "No Entry" for the account tities and enter O for the amounts. Record joumal entries in the ovder presented in the problem that all debit entries before oredit entries.)

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