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Question(s) / Instruction(s):

ACCT2020 Transactions for Marquis Company for the month of June are presented below. Identify the accounts to be debited and credited for each transaction.

 June     1              Issues common stock to investors in exchange for $5,000 cash.

 2             Buys equipment on account for $1,100.

 3             Pays $500 to landlord for June rent.

 12          Bills Jeff Gore $700 for welding work done.

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