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Show a detailed journalizing of the following transactions:
Galle Inc. entered into the following transactions during January;
Jan 1-Borrowed $50,000 from First Street Bank by signing a note payable.
Jan 4-Purhcased $25,000 of equipment for cash.
Jan 6-Paid $500 to landlord rent for Jan.
Jan 15-Performed services for customers on account, $10,000
Jan 25-Collected $3,000 from customers for services performed in Transaction D.
Jan 30-Paid salaries of $2500 for the current month.
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