The following selected transactions were completed during July of the current year:
Billed customers for fees earned $112,700.
Purchased supplies on account $4,500.
Received cash from customers on account $88,220.
Paid creditors on account $3,100.
Required:
a. Journalize these transactions in a two-column journal, using the appropriate number to identify the transactions.
b. Journal entry explanations may be omitted.
Answers: 3
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The following selected transactions were completed during July of the current year:
Billed custome...
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