The following transactions occur for the Panther Detective Agency during the month of July: a. Purchase a

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The following transactions occur for the Panther Detective Agency during the month of July:

a. Purchase a truck and sign a note payable, $15,000.

b. Purchase office supplies for cash, $600.

c. Pay $800 in rent for the current month.

Record the transactions. The company uses the following accounts: Cash, Supplies, Equipment (for the truck), Notes Payable, and Rent Expense.

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Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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Question Posted: Jul 15, 2014 03:27 AM

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The following transactions occur for the Panther Detective Agency during the month of July: a. Purchase a

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a Debit Credit Equipment 15000 Notes Payable ...View the full answer

Financial Accounting

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