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April Mohr opened a web consulting business called Solid Systems and recorded the following transactions in its first month of operations April 1 Mohr invests

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April Mohr opened a web consulting business called Solid Systems and recorded the following transactions in its first month of operations April 1 Mohr invests $89,000 cash along with office equipment valued at $48,000 in the company in exchange for common stock. April 2 The company prepaid $10,888 cash for twelve months' rent for office space. The company's policy is record prepaid expenses in balance sheet accounts. April 3 The company made credit purchases for $8,100 in office equipsent and 54,000 in office supplies. Payment is due within 10 days. April 6 The company completed services for a client and immediately received 57,600 cash. April 9 The company completed a $20,000 project for a client, who ust pay within 30 days. April 13 The company paid $12,100 cash to settle the account payable created on April 3. April 19 The company paid $3,120 cash for the prenion on a 12-month insurance policy. The company's policy is record prepaid expenses in balance sheet accounts. April 22 The company received $4,500 cash as partial payment for the work completed on April 9. April 25 The company completed work for another client for $6,700 on credit. April 28 The company paid $5,900 cash in dividends. April 29 The company purchased $3,400 of additional office supplies on credit. April 30. The company paid 52,780 cash for this month's utility bill. Descriptions of items that require adjusting entries on April 30, follow. a) On April 2, the company prepaid $10,800 cash for twelve months rent for office space. b) The balance in Prepaid insurance represents the premium paid for a 12-month insurance policy the policy's coverage began on April 1. c) Office Supplies on hand as of April 30 total $1,600 d) Straight-line depreciation of office equipment based on a 5-year life and a $9,100 salvage value, is $650 per month e) The company has completed work for a client, but has not yet billed the $2.600 fee 1) Wages due to employees, but not yet paid, as of April 30 total $3.000 Journal entry worksheet 1 2 3 4 5 6 On April 2, the company prepaid $10,800 cash for twelve months' rent for office space. Prepare the required adjusting entry, if any. Note: Enter debits before credits. Date Account Title Debit Credit Apr 30 Record entry Clear entry View general journal Journal entry worksheet Office supplies on hand as of April 30 total $1,600. Prepare the required adjusting entry, If any. Note: Enter debits before credits, Date Account Title Debit Credit Apr 30 Record entry Clear entry View general journal Journal entry worksheet Wages due to employees, but not yet paid, as of April 30 total $3,000. Prepare the required adjusting entry, if any. Note: Enter debits before credits. Date Account Title Debit Credit Apr 30 Record entry Clear entry View general journal

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