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    Financial and Managerial Accounting Study Set 5
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    Exam 2: Analyzing Transactions
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    On September 1st, Erika Company Purchased Land for $47,500 Cash
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On September 1st, Erika Company Purchased Land for $47,500 Cash

Question 141

Question 141

Essay

On September 1st, Erika Company purchased land for $47,500 cash. Prepare the journal entry to record this transaction.

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