If no entry is required for a transaction/event, select "No journal entry View transaction list 1 Purchase equipment for $21,200. The company estimates a residual value of $3,200 and a four-year service life. 2 Pay cash on accounts payable, $11,200. purchase additional inventory on account, $99,900 4 Receive cash on accounts receivable, $23,700 5 Pay cash for salaries, $31,500. 6 Pay cash for January utilities, s18,200. 7 Firework sales for January total $237,000. All of these sales are on account Note : = journal entry has been entered Type here to search
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