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a. Performed $24,300 of services on account. b. Collected $17,500 cash on accounts receivable. c. Paid $4,500 cash in advance for an insurance policy.

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a. Performed $24,300 of services on account. b. Collected $17,500 cash on accounts receivable. c. Paid $4,500 cash in advance for an insurance policy. d. Paid $930 on accounts payable. e. Recorded the adjusting entry to recognize $3,700 of insurance expense. f. Received $11,000 cash for services to be performed at a later date. g. Purchased land for $1,550 cash. h. Purchased supplies for $1,400 cash.

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