Record each of the following external transactions using debits and credits. a. Receive cash of $1,200 for

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Record each of the following external transactions using debits and credits.
a. Receive cash of $1,200 for providing services to a customer.
b. Pay rent of $500 for the current month.
c. Purchase a building for $10,000 by signing a note with the bank.

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Financial Accounting

ISBN: 978-0078025549

3rd edition

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

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