$1.$ On February $1,$ Jones Company loans out $$4,000$ to a customer, accepting a $6\%,2-$year note. Assume Jones makes adjusting entries quarterly. What dollar amount will Jones record in its March $31$ adjusting entry?

$2.$ During August, Jones Company purchased office supplies for $$800$ cash. Assume that Jones started the month with $$450$ of supplies. A physical count at the end of the month shows that $$515$ of supplies are on hand. What dollar amount should Jones record in its adjusting entry?

$3.$ Jones Company begins March with $$1,500$ in A$/$R$.$ During the month, Jones performs $$1,000$ of services on account. At the end of the month, Jones has $$1,300$ in A$/$R$.$ How much did Jones collect from customers during the month, assuming no accounts were written off as uncollectible?

$4.$ To start the year, Martin Company had $$25,000$ in total assets and $$13,000$ in total liabilities. During the year, Martin$$s assets increased by $$8,000,$ and its liabilities decreased by $$3,000.$ What was Martin$$s equity at the end of the year?

$5.$ If Martin Company$$s revenues were triple its expenses and its net income was $$40,000,$ how much were the company$$s revenues, in dollars?

$6.$ Martin Company purchased $$5,000$ of inventory for cash. What is the net change in the company$$s total assets as a result of this transaction?

$7.$ If Martin Company started the year with $$1,500$ in retained earnings, declared $$2,000$ in dividends, and ended the year with $$3,750$ in retained earnings, what was its income for the year?

$8.$ Thompson Company has balances of $$300,000$ in revenues, $$250,000$ in expenses, and $$20,000$ in dividends at the end of the accounting period. After the first two steps of the closing process, what will be the balance in the Income Summary account?

$9.$ Thompson Company did not declare any dividends during an accounting period. Which account should be credited in the fourth closing entry?