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question 20 which of the following is the order of steps to yournalize wnenwryn iden 4278820

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20. Which of the following is the order of steps to yournalize wnenwryn Identity the each accounts and the account type account increases or decreases, then apply the rules of debits and credits account type Decide whether C. decreases, then apply the rules of Decide each account woreaaes Record the debits and credits Record transaction each transaction Identify the accounts and the account type Decide whether D, account increases or decreases, then apply the rulesof debits and credits Decide whether each account increases or debas and credits then apply the rules of Identify the accounts and the account type Record the transaction SECTION B Instructions: This section consists of two computational questions. Provide your answers to the questions in this section on the next two pages. 21. Kenneth Watson Optical Dispensary, Inc. completed the following transactions during the latter part of March, 2016: Mar 15 Purchased office supplies on account, $2,600. 28 Paid $1,300 on account. You are required to: a. Journalize the transactions that occurred during the later part of March 2016. b. points) proper T-account format: Cash (Beginningbal Open the following accounts (use entries from of $23,000), Office Supplies, and Accounts Payable. Post the journal (a) above to the accounts, and compute the balance in each account. ll3th point 22. Henderson Floor Coverings Incorporated reported the following summarized December 31, 2015. Accounts appear in no particular order, and allhave norma

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