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Adjustment data at December 31 follow: a. As of December 31, Lexington had $300 of Prepaid Insurance remaining. b. At the end of the month,
Adjustment data at December 31 follow: a. As of December 31, Lexington had $300 of Prepaid Insurance remaining. b. At the end of the month, Lexington had $200 of office supplies remaining. C. Depreciation on the building is $2,600. d. Lexington pays its employees weekly on Friday. Its employees earn $2,600 for a five-day workweek. December 31 falls on Wednesday this year. e. On November 20, Lexington contracted to perform services for a client receiving $2,400 in advance. Lexington recorded this receipt of cash as Unearned Revenue. As of December 31, Lexington has $800 still unearned
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