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9 March, 08:22

For each source information shown below, prepare the appropriate journal entry. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) a. Purchase order dated October 13 for massage chairs costing $835 and oil supplies costing $310. b. Remittance advice from customer for $107, received October 17. c. Receiving report indicating October 22 receipt of October 13 order. Also received supplier invoice totaling $1,145 d. NGS check for payment in full of October 13 order.

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  1. 9 March, 08:30
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    Oct 13 ... No Journal Entry Required

    Oct 17. Cash ... DR $107

    To Accounts Receivable ... $107

    (Being cash received by Accounts Receivable)

    Oct 22. Inventory ... DR $1145

    To Accounts Payables ... $1145

    (Being Purchases made of Chairs and Oil Supplies)

    Oct Accounts Payable ... DR $1145

    To Cash ... $1145

    (Being Cash paid for purchases made)
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