After operating for several months, architect Paul Marciano completed the following transactions during the latter part of
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Journalize the transactions of Paul Marciano, Architect. Include an explanation with each journal entry
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October 15 22 28 29 Borrowed $25,000 from the bank, signing a note payable. Performed service for clients on account totaling $9,000. Received $6,000 cash on account from clients. Received a utility bill of $600, an account payable that will be paid during May. Paid monthly salary of $3,000 to employee. 31
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Date Particulars Debit Credit 15Oct Cash Account 25000 Not...View the full answer
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Related Book For
Financial Accounting
ISBN: 978-0135012840
7th edition
Authors: Walter T. Harrison, Charles T. Horngren
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