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a . Performed $ 2 3 , 8 0 0 of services on account. b . Collected $ 1 8 , 4 0 0 cash

a. Performed $23,800 of services on account.
b. Collected $18,400 cash on accounts receivable.
c. Paid $4,100 cash in advance for an insurance policy.
d. Paid $1,110 on accounts payable.
e. Recorded the adjusting entry to recognize $3,700 of insurance expense.
f. Received $8,300 cash for services to be performed at a later date.
g. Purchased land for $1,000 cash.
h. Purchased supplies for $1,500 cash.
Required
Record each of the preceding transactions in general journal form and then show the effect of the transaction in a horizonta statements model. The first transaction is shown as an example.
\table[[Transaction,Account Title,Debit,Credit],[a,Accounts receivable,23,800,],[,Service revenue,,23,800]]
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Horizontal
Journal
Statements
Model
Record each of the preceding transactions in general journal form. (If no entry is required for a transaction/event, select "No journ entry required" in the first account field.)
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