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Z Company engaged in the following transactions during the month of March: March 1: Paid $3,200 for a one-year insurance policy. March 16: Received payment
Z Company engaged in the following transactions during the month of March: March 1: Paid $3,200 for a one-year insurance policy. March 16: Received payment of $8,000 from customers for sales made on account in February. March 25: Provided services to a client and earned $10,000. That client will pay this amount the first week in April. March 27: Paid $1,000 for purchases made on account in February. In the journal below, record each transaction in order above by date. Assume that the company uses accrual accounting, and prepares financial statements on a monthly basis. Use a - (hyphen) to represent that no data is presented. Do NOT abbreviate account names. Do NOT use a \$ (dollar sign). Do NOT use cents. DO use a comma separator
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