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a-Journalize the above transactions. B-Journalize the adjusting entries. C-Modify the transaction in January 10; he paid $14000 instead of $15000 D-Balance sheet. F-Income Statement. G-Trail

a-Journalize the above transactions.
B-Journalize the adjusting entries.
C-Modify the transaction in January 10; he paid $14000 instead of $15000
D-Balance sheet.
F-Income Statement.
G-Trail Balance
image text in transcribed
Steven Jobe owns and manages a computer repair service, which had the following trial balance on Dec 31, 2007(at the end of its fiscal year). Steven Jobe Trial Balance Dec.31, 2007 Account name Debit Credit Cash 8000 AR 15000 Supplies 9000 Parts Inventory 13000 Prepaid rent 3000 Equipment 21000 A/P 19000 Capital 41000 Unearned 9000 Revenue Total 69000 69000 Summarized transactions for January 2008 were as follows: Jan 1 Advertising cost paid in cash, S1,000 for C.B.S Co. Jan 3 Additional repair parts inventory acquired on account, $3,000 from Smart System Co. Jan 10 Cash paid to creditors on account, $15,000.(source 1) Jan 22 Repair service performed during January: $14,000 for cash, $10,000 on account. At the end of the month: 1. S 6,000 of Supplies has been used during January 2. Wages of $500 were unpaid at January 31

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