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Solution Manual for Financial Accounting 9th Edition-Harrison Horngren Thomas Test Bank All Chapters
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Solution Manual for Financial Accounting 9th Edition-Harrison Horngren Thomas Test Bank All Chapters. The business owes $1,275, as shown in the Accounts Payable account. 
 Chapter 2 Transaction Analysis 2-3 
(1015 min.) S 28 
Req. 1 
Journal 
DATE ACCOUNT TITLES AND EXPLANATION DEBIT CREDIT 
Accounts Receivable............................. 4,700 
Service Revenue………………….. 4,700 
Performed service on account. 
Cash 3,000 
Accounts Receivable.................... 3,000 
Received cash o...