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In the Journal Provided,prepare Journal Entries Without Explanations for the Following

Question 127

Essay

In the journal provided,prepare journal entries without explanations for the following transactions.Write "no entry" if none is needed.
a. Received a $1,500 invoice for this month's rent. Payment will not be made right away.
b. Paid $1,600 for insurance premiums to cover the next six months.
c. A $350 dividend is declared and paid.
d. The rent of a is paid.
e. Purchased land for $60,000. The company paid half in cash and issued a promissory note for the other half.

In the journal provided,prepare journal entries without explanations for the following transactions.Write no entry if none is needed. a. Received a $1,500 invoice for this month's rent. Payment will not be made right away. b. Paid $1,600 for insurance premiums to cover the next six months. c. A $350 dividend is declared and paid. d. The rent of a is paid. e. Purchased land for $60,000. The company paid half in cash and issued a promissory note for the other half.

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