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Journalize the following transactions by Sarasota Printing Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) 1. Stockholders invest $84,000 cash to start the business. 2. Purchased three digital copy machines for $400,000, paying $118,000 cash and signing a 5 -year, 6% note for the remainder. 3. Purchased $4,600 paper supplies on credit. 4. Cash received for photocopy services amounted to $7,300. 5. Paid $700 cash for social media consulting. 6. Paid $850 on account for paper supplies purchased in transaction 3. 7. Dividends of $1,600 were paid to stockholders. 8. Paid $1,200 cash for rent for the current month. 9. Received $3,000 cash advance from a customer for future copying. 10. Billed a customer for $550 for photocopy services completed. No. Account Titles and Explanation 1. 2. 3. 4. Debit Credit Credit 5. 6. 7. 8. 9. 10. Journalize the following transactions by Sarasota Printing Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) 1. Stockholders invest $84,000 cash to start the business. 2. Purchased three digital copy machines for $400,000, paying $118,000 cash and signing a 5 -year, 6% note for the remainder. 3. Purchased $4,600 paper supplies on credit. 4. Cash received for photocopy services amounted to $7,300. 5. Paid $700 cash for social media consulting. 6. Paid $850 on account for paper supplies purchased in transaction 3. 7. Dividends of $1,600 were paid to stockholders. 8. Paid $1,200 cash for rent for the current month. 9. Received $3,000 cash advance from a customer for future copying. 10. Billed a customer for $550 for photocopy services completed. No. Account Titles and Explanation 1. 2. 3. 4. Debit Credit Credit 5. 6. 7. 8. 9. 10

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