1.Record the following in journal entry form: Paid installment due on a note payable $350...
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Accounting
1.Record the following in journal entry form:
Paid installment due on a note payable $350
2.Record the following in journal entry form:
Owner invests $10,000 in the business.
3.Record the following in journal entry form:
Purchased equipment for $35,000, paying $10,000 in cash and giving a note payable for the remainder
4.Record the following in journal entry form:
Recorded $2,500 of fees earned on account.
5.Record the following in journal entry form:
Collect on $500 of Accounts Receivable.
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