Unformatted text preview: customers for the balance. 09/25 Collected $425 from customers on accounts. 09/28 Paid $500 to suppliers for parts purchased earlier this month. Requirements: 1. Prepare journal entries for the preceding transactions. 2. Prepare income statement for the month ended 09/30/XX 3. Prepare the balance sheet for 09/30/XX....
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- Spring '11
- Accounting, $2,500, $1,000, Prepare journal entries, $1,100, garden supply shop