The selected transactions relate to liabilities of marco

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The selected transactions relate to liabilities of Marco Corporation. On January 15, Marco received $7,000 from Dove Construction toward the purchase of $66,000 of plate glass to be delivered on February 6. On February 6, Chicago delivered the plaste glass to Dawn Construction and received the balance of the purchse price. Required: Prepare the journal entries for the above transactions.

Reference no: EM13593347

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