Prepare journal entries for each of the following transactions. 1. Performed services for customers on account $2,500.

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Prepare journal entries for each of the following transactions.
1. Performed services for customers on account $2,500.
2. Purchased $41,000 of equipment on account.
3. Received $1,000 from customers in transaction 1.
4. The Company paid dividends of $1,100.

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Intermediate Accounting

ISBN: 978-1260481952

10th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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