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Journalize Transactions
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Problem: A Corporation had the following transactions during its first month of operations: 1. Purchased raw materials on account, $85,000 2. Raw Materials of $30,000 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $6,000 was classified as...
Journalize transactions
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April 25 Sold 100 coupon books for $30 each. Each book contains 6 coupons that entitle the holder to one admission to the perk. April 30 Received $6200 in cash admission fees. April 30 Paid $900 on account for advertising incurred on April 8
Journalize transactions
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