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5.What would be the account balance in the Cash account after the following transactions, assuming a zero beginning balance? Owner invested cash. $130,000 Purchased supplies

5.What would be the account balance in the Cash account after the following transactions, assuming a zero beginning balance?

Owner invested cash.

$130,000

Purchased supplies with cash.

$34,000

Received bill for one month of rent.

$3,600

Paid wages.

$1,400

Billed customer for services performed services performed.

$2,250

$171,250

$94,600

$93,250

$96,850

$95,950

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6.A company had the following account balances at year-end:

Cash

$40,150

Accounts receivable

43,200

Accounts payable

27,000

Fees earned

87,750

Rent expense

20,250

Insurance expense

6,550

Supplies

6,750

Common stock

6,750

Retained earnings

19,700

Dividends

24,300

If all of the accounts have normal balances, what are the total debits on the trial balance?

$141,200

$60,600

$251,350

$282,400

$90,100

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