Question: Journalize the transactions. (Record debits first, then credits. Exclude explanations from journal entries. For purposes of this problem, ign January 1: Autumn Myles invested

Journalize the transactions. (Record debits first, then credits. Exclude explanations from journal

Journalize the transactions. (Record debits first, then credits. Exclude explanations from journal entries. For purposes of this problem, ign January 1: Autumn Myles invested $2,700 in the business. Date Jan. 1 Account Titles Debit Credit January 1: Sold merchandise on account to Capetown Co., invoice no. 1, $1,500. The cost of the merchandise was $600. Begin by recording the sale portion of the entry. Do not record the cost of the sale yet. We will do that in the following step. Date Jan. 1 Account Titles Debit Credit

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