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0 300 5) Post the following journal entries to the appropriate T-accounts, and show the resulting balance in each account a. Cash 34,000 Common Shares

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0 300 5) Post the following journal entries to the appropriate T-accounts, and show the resulting balance in each account a. Cash 34,000 Common Shares 34,00 b. Supplies 800 Accounts Payable c. Building 80,000 Cash 12.00 Note Payable 68,00 d. Accounts Receivable 5,500 Service Revenue 5.500 e Salary Expense 1,500 Cash 1.500 Cash Accounts Receivable Supplies 0 0 Building Accounts Payable Note Payable Common Shares Service Revenue Salary Expense 6) Prepare adjusting entries dated December 31, 2020, based on the following data. 2 a. A two-year insurance policy costing $3,000 was purchased on October 31, 2020. b. Salaries owed to employees on December 31, 2020, amount to $2,300. The balance in Supplies before adjustment is $1,400. A physical count reveals $450 of supplies on hand on December 31, 2020. d. Depreciation on office equipment for the year is $1,869. e. Uneamed Service Revenue has a balance of $4,200 before adjustment. Records show that $2,725 of that amount has been eamed by December 31, 2020

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