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Prepare journal entry for each of the following transaction

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Reference no: EM132488791

Question 1: Prepare journal entries for each of the following transactions.

Point 1. Performed services for customers on account €5,000.

Point 2. Purchased €20,000 of equipment on account.

Point 3. Received €3,000 from customers in transaction 1.

Point 4. The company paid dividends of €1,000.

Reference no: EM132488791

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