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  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 3: Beginning the Accounting Cycle: Journalizing, Posting, and the Trial Balance
  5. Question
    Prepare Journal Entries for the Following Transactions That Occurred During
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Prepare Journal Entries for the Following Transactions That Occurred During

Question 2

Question 2

Essay

Prepare journal entries for the following transactions that occurred during April. Omit explanations.
Apr 7 Purchased supplies on account, $800.
12 Paid May salaries, $400.
17 Paid for supplies purchased on Apr 7.
23 Received telephone bill, to be paid later, $150.

Correct Answer:

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