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    talee5997's Avatar
    talee5997 Posts: 2, Reputation: 1
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    #1

    Feb 26, 2008, 11:14 AM
    General Journal Entries
    I am working on a Comprehensive Problem. One of the transaction is:

    Recorded weeks cash receipts for photo work $1350
    Recorded 2nd weeks cash receipts for photo work $2170 etc.

    In the General Journal would this transaction go under?

    Cash - Debit side Photography Revenue - Credit side

    Another question is:

    Purchased a microcomputer system and software $3200 by issuing a Note Payable.

    Would this go under?

    Office equipment Debit side Notes Payable - Credit side?

    I thank you for any help you can provide.
    SeanF138's Avatar
    SeanF138 Posts: 11, Reputation: 2
    New Member
    		  
    #2

    Feb 26, 2008, 01:09 PM
    Yes, you have the journal entries correct. Nice work.
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