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Get Demonstration Problem G Bell A Fitness Enthusiast Buys An Existing Exercise Center Body Firm The

The General Journal and the General Ledger DEMONSTRATION PROBLEM G. Bell a fitness enthusiast buys an existing exercise center Body Firm. The following chart of accounts now applies Assets 111 Cash 124 Land 126 Building 128 Equipment Liabilities 221 Accounts Payable 223 Mortgage Payable Revenue 411 Income from Services Expenses 511 Wages Expense 512 Utilities Expense 513 Advertising Expense 514 Repair Expense 519 Miscellaneous Expense Owner s Equ.

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