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2,3,4,6,7,8,9 need to be done. gna post this question twice because it is multiple but is short. thank you! 6/1 Prepare the journal entry for

2,3,4,6,7,8,9 need to be done. gna post this question twice because it is multiple but is short. thank you! image text in transcribed
6/1 Prepare the journal entry for the payment and the adjusting entry that would be made at the end of June. 3. Bob started a corporation by investing $40,000 and receiving 1,000 shares of stock. 4. On June 1st, STU received $5,000 from a client as an advance on work that will be done in the future. 5. Explain how cash could be involved with an adjusting entry. 6. Depreciated for a period is $5,000. 7. \$1,500 of work was done from \#4 above by the end of June. 8. STU bought $5,000 of office supplies on account on 6/1. This was the first time the company purchased office supplies. 9. At the end of June, STU had $3,500 in office supplies. 10. What is the purpose of an adjusting entry

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