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Pharoah Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the tra

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Answer #1
Date Debit Credit
Aug 2 CASH 12320
EQUIPMENT 2710
Pharaoh's Capital 15030
7 Supplies 480
Accounts payable 480
12 Cash 1193
Accounts receivable 722
Service revenue 1915
15 Rent 580
Cash 580
19 Supplies Expense 184
Supplies 184
(480-296)
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