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Exercise $3-8$A $($Algo$)$ T$-$accounts and the accounting equation LO $3-1$

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Required

points

Record each of the following Fred Company events in T$-$accounts:

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a$.$ Received $$10,500$ cash by issuing common stock.

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b$.$ Purchased supplies for $$690$ cash.

c$.$ Purchased land for $$8,600$ cash.

d$.$ Performed services for $$4,500$ cash.

References

Complete this question by entering your answers in the tabs below.

Required $A$

Required B

Required D

Record the event in T$-$accounts: Received $$10,500$ cash by issuing common stock.

$\backslash$table$[[$Cash$,$Common Stock$],[$Debit$,$Credit,Debit,Credit$],[,,,],[,,,]]$