Earned $7,000 of services on account. Date Accounts and Explanation Debit Credit Nov. 3 Received $5,000 on account from a customer.
Date Accounts and Explanation Debit Credit Nov. 4 Purchased $7,000 of equipment on account. Date Accounts and Explanation Debit Credit Nov. 5 Paid $6,000 cash for salaries Date Accounts and Explanation Debit Credit Nov. 5.
Date Accounts & Explanation Assignment
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