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(a) Your answer is correct. For each of the above transactions, prepare the journal entry to record the initial transaction. (If no entry is required,
(a) Your answer is correct. For each of the above transactions, prepare the journal entry to record the initial transaction. (If no entry is required, select "No Entry" for th entered. Do not indent manually.) Aocount Titles and Explanation Debit Credit T 1. TJune 1, 2017 v TPrepaid Insurance 1,080 Cash 1,080 2. Aug. 31, 2017 v Prepaid Rent T 6,450 i Cash 6,450 3. TSept. 4, 2017 v dicash T 3,870 T T Unearned Service Rever 3,870 T Nov. 30, 2017 Prepaid Cleaning 2100 Cash 2100 Dec. 5, 2017 Cash T 1,550 T Unearned Service Rever 1,550
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