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1 Exercise 3-8A (Algo) T-accounts and the accounting equation LO 3-1 7 Required...

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Accounting

1
Exercise 3-8A (Algo) T-accounts and the accounting equation LO 3-1
7
Required
points
Record each of the following Fred Company events in T-accounts:
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a. Received $10,500 cash by issuing common stock.
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b. Purchased supplies for $690 cash.
c. Purchased land for $8,600 cash.
d. Performed services for $4,500 cash.
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Complete this question by entering your answers in the tabs below.
Required A
Required B
Required D
Record the event in T-accounts: Received $10,500 cash by issuing common stock.
\table[[Cash,Common Stock],[Debit,Credit,Debit,Credit],[,,,],[,,,]]
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