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Question: Sun Devil Hair Design has the following transactions during the month of February.

February 2 Pay $600 for radio advertising for February.

February 7 Purchase beauty supplies of $1,200 on account.

February 14 Provide beauty services of $2,400 to customers and receive cash.

February 15 Pay workers' salaries for the current month of $800.

February 25 Provide beauty services of $900 to customers on account.

February 28 Pay utility bill for the current month of $200.

Required: Record each transaction. Sun Devil uses the following accounts: Cash, Accounts Receivable, Supplies, Accounts Payable, Service Revenue, Advertising Expense, Salaries Expense, and Utilities Expense.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M92328294

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