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1. Fees earned aa of December 31,2018 and not yet recorded, amount to $51,500 II. Post the above transactions to the Ledger accounts (T accounts)

1. Fees earned aa of December 31,2018 and not yet recorded, amount to $51,500
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II. Post the above transactions to the Ledger accounts (T accounts) (20%) III. Adjusting Entries (30%) and posting on T accounts (14%) Given the following information, and related to the previous entries above, prepare the adjusting entries and post to Ledger accounts. 1. Fees earned as of December 31, 2018 and not yet recorded, amount to $51,500. 2. Records show that $12,500 of cash receipts originally recorded as Unearned Revenue had been earned as of December 31. 3. Make the necessary adjustments on the prepaid rent. 4. Fuel consumed during December amounts to $125. 5. The company uses de straight-line method of depreciation. The truck has a useful life of 8 years. Cash Accounts Receivable Truck Notes Payable Accounts Payable Dividends Payable Unearned Revenue Retained Earnings Dividends Service Revenue Maintenance Expense Fuel Expense Salaries Expense CapitalStock Rent Expense

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