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Homework answers / question archive / Data for Marigold Corp
Data for Marigold Corp., interior decorating, are presented as follows.
Jan. 2Stockholders invested $16,270 cash in the business in exchange for common stock.3Purchased used car for $8,895 cash for use in the business.9Purchased supplies on account for $542.11Billed customers $1,952 for services performed.16Paid $217 cash for advertising.20Received $846 cash from customers billed on January 11.23Paid creditor $325 cash on balance owed.28Declared and paid a $542 cash dividend.
Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Date Account Titles and Explanation
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