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a On January 1, Pulse Recording Studio (PRS)had the following account balances Payable 8,500 Accounts Receivable 6.000 Cash Equivalents Notes Payable (ong-term Prepaid Rent Retained

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a On January 1, Pulse Recording Studio (PRS)had the following account balances Payable 8,500 Accounts Receivable 6.000 Cash Equivalents Notes Payable (ong-term Prepaid Rent Retained Earnings 4.000 The following transactions occured during January 1 Received $2,500 cash on 11 from customers on account for recording services completed in 2. Wrote checks on 1/2 totaling $4,000 for amounts owed on account at the end of December. Purchased and received supplies 113, at a total cost of $200 Completed $4,000 of recording sessions on 14 that customers had paid for in 5 Received $5,000 cash on 15 from customers for recording sessions started and completed in $1,000 of cash equivalents cash on 5, completed EFTs for S1,500 for employees salaries and wages for the fisthalf of January. 9 Received $3,000 cash on 1131 from customers for recording sessions to start in February. accounts properly included on the balance sheet. The unadjusted, adjusted or post-ciosing Use the dropdowns to select the balances will appear for each account, based your selection. However, you will need to enter the amount of and Retained earnings. OAsk me anything

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