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The transactions completed by the MJW Company during January, its first month of operations, are listed below. Assume that MJW Company uses the following journals: Cash Receipts (CR), Cash Payments (CP), Revenue (R), Purchases (P), and General (G). Assume that it uses an
Journal |
Posting |
|
|
_____ |
____ |
(1) |
Purchased equipment on account. |
_____ |
____ |
(2) |
Issued an invoice to a customer. |
_____ |
____ |
(3) |
Received a check from a customer for payment on account. |
_____ |
____ |
(4) |
Issued check for advertising expense. |
_____ |
____ |
(5) |
Issued check for a payment on account. |
_____ |
____ |
(6) |
Issued check for cash purchase of supplies. |
_____ |
____ |
(7) |
Issued check for salary. |
_____ |
____ |
(8) |
Received cash for a sale. |
_____ |
____ |
(9) |
Purchased supplies on account. |
_____ |
____ |
(10) |
Issued check for rent. |
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