Question 5 7 pts Cooper Enterprises experienced the following transactions during May, 2020. Prepare the...
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Question 5 7 pts Cooper Enterprises experienced the following transactions during May, 2020. Prepare the appropriate journal entries to record these transactions. 1) May 11 -- Purchased equipment for $100,000, paying 75% in cash and signing a note for the balance | 2) May 28 - Collected $9,000 in accounts receivable. 3) May 29 -- Sold an additional 1,000 shares of common stock for $12,000
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