Prepare the journal entries for the following transactions: (If no entry is required, select "No...
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Accounting
Prepare the journal entries for the following transactions: If no entry is required, select No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. a Bought land for shares with a $ per share market value. b Paid six months rent in advance for a total of $ c Paid insurance premiums for the year in the amount of $ d Bought a building for $ Paid onefifth in cash and the balance with a year, interest note payable. e Purchased $ of merchandise inventory on account. f Paid utilities bill for $ g Sold $ of merchandise inventory for $ on account. h Collected a $ cash deposit from customers for custom orders. i Paid salaries and wages of $ j Paid $ on merchandise inventory previously purchased in part e k Received $ from customers on account. Declared and paid a $ dividend.
Prepare the journal entries for the following transactions: If no entry is required, select No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.
a Bought land for shares with a $ per share market value.
b Paid six months rent in advance for a total of $
c Paid insurance premiums for the year in the amount of $
d Bought a building for $ Paid onefifth in cash and the balance with a year, interest note payable.
e Purchased $ of merchandise inventory on account.
f Paid utilities bill for $
g Sold $ of merchandise inventory for $ on account.
h Collected a $ cash deposit from customers for custom orders.
i Paid salaries and wages of $
j Paid $ on merchandise inventory previously purchased in part e
k Received $ from customers on account.
Declared and paid a $ dividend.
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