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Business, 21.02.2020 19:53 MsShreve9939

Selected transactions from the journal of Larkspur, Inc., are presented below. Date Account Titles and Explanation Debit Credit Aug. 1 Cash 33,000 Common Stock 33,000 (Investment of cash for stock) 10 Cash 14,850 Service Revenue 14,850 (Received cash for services performed) 12 Equipment 27,500 Cash 4,400 Notes Payable 23,100 (Purchased office equipment for cash and notes payable) 25 Account Receivable 8,800 Service Revenue 8,800 (Billed clients for services performed) 31 Cash 4,840 Accounts Receivable 4,840 (Receipt of cash on account)

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Selected transactions from the journal of Larkspur, Inc., are presented below. Date Account Titles a...
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