Correct form in preparing good journal entries
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Folowing transaction:
a) owner invested equipment valued at $3,500 and cash of $7,000 into business.
b) purchased office supplies for cash, $550
c) paid $700 for one month's rent of office space
d) billed a client $2,000 for services rendered.
e) owner withdrew $600 for personal living expenses.
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This provide helps in preparing the Correct form in preparing good journal entries
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All figures are in US$
a)
Cash Dr. 3500
Equipment Dr. 7000
To ...
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