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Question - Flora Accounting Services completed these transactions in February:

a. Purchased office supplies on account, $300

b. Completed work for a client on credit, $500

c. Paid cash for the office supplies purchased in (a)

d. Completed work for a client and received $800 cash

e. Received $500 cash for the work described in (b).

Prepare journal entries to record the above transactions.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92863434
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