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! Required information Problem 2-8A Complete the steps in the measurement of external transactions (LO2-4, 2-5, 2-6) (The folProblem 2-8A Part 2 and 3 2. & 3. Post each transaction to the appropriate T-accounts and calculate the balance of each accou

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DR. Cash CR. Beg Bal. $ 5,700 Sep.1 $ 3,900 $ 3,200 Sep.13 Sep.18. $ 4,200 $ 820 Sep. 20 $ 1,600 Sep.30 $1,200 Sep.30 $6,980DR. Accounts Receivable CR. Beg. Bal. $ 1,700 Sep.8 $5,200 $4,200 Sep.18 $2,700 End.Bal. DR. Notes Payable CR. $ 2,200 Beg.BaDR. LAND CR. Beg.Bal$ 10,400 Sep.2 $ 5,600 $16,000 EndBal.DR. Accounts Payable CR. $6,700 Beg.Bal. $ 420 Sep. 2. $ 1,200 Sep. 10 End.Bal.$ 8,320 DR. Common Stock CR. $ 8,200 Beg.Bal.DR. Dividends CR. Sep.30 $. 1,200 $1,200 End.Bal. DR. Advertisement Expense CR. Sep.2 $ 420 $420 End.Bal.DR. Sales Revenue CR. $ 3,900 Sep. 1 $ 5,200 Sep. 8 End.Bal. $9,100 DR. Salaries Expense CR. Sep.30 $3,200 $3,200 End.Bal.DR. Rent Expense CR. Sep.20. $ 820 $ 820 End. Bal. DR. Utilities Expense CR. Sep.30 $ 1,600 $ 1,600End.Bal.DR. Retained Earnings CR. $7,500 Beg. Bal. Sep.30 $ 1,200 $3,060 Net Inc. End.Bal.$1,460 Note- Net Income = Revenue- Expense

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