How do you journalize and post Lonnie depositing 100 dollars in a checking account in the name of Lonnie' s Mowing?

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1063083

2026-04-16 02:40

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Where did the cash come from? If it was from a customer: Debit Cash and Credit Sales. If it was from Lonnie, Debit Cash and Credit Loan Payable. If it was from an outstanding invoice, Debit Cash and Credit Accounts Receivable.

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