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Arthur Industries Entered into the Following Transactions During the Month

Question 214

Essay

Arthur Industries entered into the following transactions during the month of June.
A.Purchased supplies for $8,000 cash.
B.Paid $7,168 for salaries and wages for the month of June.
C.Paid $768 in advance for July rent.
D.Provided $19,200 in services on account.
E.Paid $1,280 on accounts payable.
F.Received $336 from customers as deposits for future services.
G.Received a bill for $2,400 from the plumber who repaired a broken pipe in the restrooms,but will not pay the bill until July.
H.Purchased equipment for cash of $1,248.
Required:
Prepare journal entries to record the transactions identified among activities (A)through (H).

Correct Answer:

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