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Identify the accounts to be debited and credited

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Transactions for Marlin 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 $740 to landlord for June rent.
12 Bills Matt Wilfer $700 for welding work done.

Reference no: EM13512324

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