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1. The balance in the Supplies account at the end of the year is $2500. A physical count of the supplies shows that there is

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1. The balance in the Supplies account at the end of the year is $2500. A physical count of the supplies shows that there is $600 worth of supplies on December 31. 2. On July 1, 2014, a customer signed a contract and agreed to pay $1224 for 12 months of wood lot maintenance. 3. A 6-month insurance policy was purchased on October 1, 2014 for $2400. 4. On November 1, 2014 Strack paid $1800 for six months rent on a garage for his equipment. 5. On April 1, 2014, a customer paid Strack $780 cash for 12 months of wood lot maintenance

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