Accounting Discussion Questions
Record the journal entry for the following transactions.Be sure to put the debit side and the credit side in proper form (i.e. debit listed first and not indented, credit listed 2ndand indented; do not draw T-accounts or do not use the horizontal model format) :
a.Issued common stock for $75,000 cash
b.Performed services worth ,500 on account.
c.Bought equipment for $90,000 with cash.
d.Received a cash payment of $2,500 from a customer on account.
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Published June 14, 2021By Categorized as Assignment Questions
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