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The following transactions took place at the Cook Employment Agency during November 2019.
DATE TRANSACTIONS
Point 1: Nov. 5 Performed services for Job Search, Inc., for $25,000; received $11,500 in cash and the client promised to pay the balance in 60 days.
Point 2: 18 Purchased a graphing calculator for $350 and some supplies for $500 from Office Supply; issued Check 1008 for the total.
Point 3: 23 Received Invoice 1602 for $1,350 from Automotive Technicians Repair for repairs to the firm's automobile; issued Check 1009 for half the amount and arranged to pay the other half in 30 days.
Question 1: How do you prepare journal entries for the above transactions?
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What are the primary products or services of the corporation? What is the ticker symbol used to identify your corporation on the stock exchange
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