journal entry bank

| August 14, 2017

2.
Journalize the following transactions and omit the explanations.

A.
ABC Corporation purchased $15,000 of office furniture by
putting $7,000 down in cash and the rest on account on
April 8.

B. The corporation paid $60,000 for a two-year lease on
April 19.

C.
The corporation had sales of $45,000, of which $35,000
were on account on April 20.

D.
The corporation borrowed $25,000 by signing a note
payable on April 22.

E.
The corporation paid $1,250 on one of its accounts
payable on April 26.

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