journalise the transactions Transaction (7): The expenses paid in cash for September are store rent, $600; salaries

journalise the transactions
 

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Transaction (7): The expenses paid in cash for September are store rent, $600; salaries of employees, $900; and utilities, $200. Transaction (8): Soft byte pays its $250 advertising bill in cash. Remember that the bill was previously recorded in transaction (5) as an increase in Accounts Payable and a decrease in owner's equity. Transaction (7): The expenses paid in cash for September are store rent, $600; salaries of employees, $900; and utilities, $200. Transaction (8): Soft byte pays its $250 advertising bill in cash. Remember that the bill was previously recorded in transaction (5) as an increase in Accounts Payable and a decrease in owner's equity.

Answer rating: 100% (QA)

Transaction 7 Date Account Debit Credit 1792023 Store Rent Expense 600 1792023 Salaries Expense 900 ... View the full answer