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7. A company pays $2,000 dividends to its stockholders. Record the transaction. 8. A company collect $4,000 cash from customers for services previously provided on

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7. A company pays $2,000 dividends to its stockholders. Record the transaction. 8. A company collect $4,000 cash from customers for services previously provided on account. Record the transaction. 9. A company receives $6,500 cash in advance from customers for services to be provided next year. Record the transaction. 10. A company pays $5,400 for maintenance in the current period. Record the transaction. 11. A company pays $12,000 to purchase a one-year insurance policy. Record the transaction

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