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2-4A - More Journal Entries, T-Accounts, Trial Balance Adworks Inc. is a web-based advertising agency that develops animated commercials and bann ads for clients. The
2-4A - More Journal Entries, T-Accounts, Trial Balance Adworks Inc. is a web-based advertising agency that develops animated commercials and bann ads for clients. The company had the following account balances entering the month of Januar Cash $12,000; Accounts Receivable $4,000; Supplies $500; Equipment $17,000; Accumulated Depreciation - Equipment $6,000; Accounts Payable \$3,500; Bank Loan $9,000; Common Shares $1,000; and Retained Earnings $14,000. The following transactions occurred during the month: a.) Record all necessary journal entries based on the transactions above. b.) Post the transactions to T-Accounts
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