Record Journal Entries & Post to T-Accounts Record journal entries for each of the following...
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Accounting
Record Journal Entries & Post to T-Accounts Record journal entries for each of the following transactions. Then post all journal entries to the appropriate T-Accounts. 1.On Jan. 1, Jane Pender invests $220,000 to open her new quilting shop. 2.On Jan. 5, the company pays $51,300 for inventory. 3.On Jan. 13, the company pays $113 for utilities. 4.On Jan. 15, the company pays $415 for supplies. 5.On Jan. 20, the company purchases furniture for $3,000 on account. 6.On Jan. 28, the company receives interest earned on its bank account of $115. 7.On Jan. 29, Jane withdraws $8,500 from the business
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