Journalize the following selected transactions for January. Jan. 1 Received cash from the sale of...
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Accounting
Journalize the following selected transactions for January. Jan. 1 Received cash from the sale of common stock, $14,000. 2 Received cash for providing accounting services, $9,500. 3 Billed customers on account for providing services, $4,200. 4 Paid advertising expense, $700. 5 Received cash from customers on account, $2,500. 6 Paid dividends, $1,010. 7 Received telephone bill, $900. 8 Paid telephone bill, $900. If an amount box does not require an entry, leave it blank. Jan. 1 Jan. 2 Jan. 3 Jan. 4 If an amount box does not require an entry, leave it blank. Jan. 1 Accounts Payable Jan. Cash Short and Over Cash Common Stock Jan. Miscellaneous Expense Retained Earnings Jan. 4 Jan. 5 Jan. 6 Jan. 7 Jan. 8 11
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