Question: how would i answer this question? Calculator Cornerstone Exercise 2-25 (Algorithmic) lournalize Transactions Four transactions that occurred during May are isted below a. May 5:
Calculator Cornerstone Exercise 2-25 (Algorithmic) lournalize Transactions Four transactions that occurred during May are isted below a. May 5: Borrowed cash of $20,000 from Middle State Bank b. May 10: Made cash sales of $14,500 to customers c. May 19: Paid salaries of $8,600 to employees for services performed. d. May 22: Purchased and used $3,500 of supplies in operations of the business. Required Prepare jourmal entries for the transactions (Record borrowing of CHh from bank) Record cash sale) Record payment of salanies Recad use of sccles
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