Journalize the following selected transactions for April 2011 in a two-column journal. Journal entry explanations may be
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April 1 Received cash for capital stock, $14,000.
2 Received cash for providing accounting services, $9,500.
3 Billed customers on account for providing services, $4,200.
4 Paid advertising expense, $700.
5 Received cash from customers on account, $2,500.
6 Paid cash dividends, $1,000.
7 Received telephone bill, $900.
8 Paid telephone bill, $900.
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Date Description Post Ref Debit Credit April 1 Cash 14000 Capita...View the full answer
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