How should she record the transaction in her general journal

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Assignment:

Mindy just got hired to do a portrait of the school principal. She wants to do her very best work so the exposure will lead to more work for her. This will require her buying an excellent set of oil paints and some new fine brushes. This will cost her $450. The art store is willing to put $400 on account for her until she finishes the portrait. How should she record the transaction in her general journal?

Reference no: EM133646326

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