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Prepare general journal entry

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Question - Prepare General Journal entry, T Account, Income Statement and Balance Sheet from the following transactions:

1. DAVID STARTED A CONSULTING BUSINESS WITH $12000

2. PURCHASED COMPUTERS FOR $1000

3. PURCHASE FURNITURE ON ACCOUNT $4000

4. PAID RENT $1000

5. COLLECTED CONSULTING FEES $6000

6. PAID SALARY $1600

7. PAID UTILITIES EXPENSE $600

8. PAID ADVERTISING EXPENSE $500

Reference no: EM132651078

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