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a. Performed $26.000 of services on account b. Collected $19,900 cash on accounts receivable c. Paid $4,900 cash in advance for an insurance policy d.

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a. Performed $26.000 of services on account b. Collected $19,900 cash on accounts receivable c. Paid $4,900 cash in advance for an insurance policy d. Paid $1,380 on accounts payable e. Recorded the adjusting entry to recognize $3,800 of insurance expense. f. Received $12,000 cash for services to be performed at a later date g. Purchased land for $1.260 cash h. Purchased supplies for $1.800 cash. Required Record each of the above transactions in general journal form and then show the effect of the transaction in a horizontal statements model. The first transaction is shown as an example Transaction Account Titles Credit Accounts receivable 26.000 26,000 Debit Service rev es Journal entry worksheet > 1 2 3 4 5 7 6 Collected $19,900 cash on accounts receivable. Note: Enter debits before credits. General Journal Debit Credit Transaction b Journal entry worksheet 6 7 Recorded the adjusting entry to recognize $3,800 of insurance expense. Note: Enter debits before credits. Transaction General Journal Debit Credit e Record entry Clear entry View general journal Journal entry worksheet Received $12,000 cash for services to be performed at a later date. Note: Enter debits before credits. Transaction General Journal Debit Credit f Record entry Clear entry View general journal Purchased land for $1,260 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit g Record entry Clear entry View general jour Journal entry worksheet 7

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