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Problem - Manually prepare the journal entries for the assignment using the attached template and chart of accounts.
Accrual based accounting
Company Name: Pit Bull Sings T-Shirt
The first transaction on August 1 of $100,000 is an investment by the owner of cash into the business.
Assume the shipping expenses are FOB shipping point
Prepare journal entries. Be sure all dates agree with the problem and are not today's date
Attachment:- Template.rar
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