Describe the event that correspond to the given transactions

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Reference no: EM131519450

Question: 1. Record each of the following external transactions using debits and credits.

a. Receive cash of $1,200 for providing services to a customer.

b. Pay rent of $500 for the current month.

c. Purchase a building for $10,000 by signing a note with the bank.

2. Describe the events that correspond to the following transactions.

Reference no: EM131519450

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