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At January 1 ( beginning of its fiscal year ) , Conover, Inc., a financial services consulting firm, reported the following account balances ( in

At January 1(beginning of its fiscal year), Conover, Inc., a financial services consulting firm, reported the following account balances (in thousands, except for par and market value per share):
a. Received $9,670 cash for consulting services rendered.
b. Issued 44 additional shares of common stock at a market price of $205 per share.
c. Purchased $810 of office equipment, paying 20 percent in cash and owing the rest on a short-term note.
d. Received $1,060 from clients for consulting services to be performed in the next year.
e. Bought $640 of supplies on account.
f. Incurred and paid $1,970 in utilities for the current year.
g. Consulted for clients in the current year for fees totaling $1,790, due from clients in the next year.
h. Received $3,150 from clients paying on their accounts.
i. Incurred $6,380 in salaries in the current year, paying $5,470 and owing the rest (to be paid next year).
j. Purchased $1,400 in short-term investments and paid $970 for insurance coverage beginning in the next fiscal year.
k. Received $95 in interest revenue earned in the current year on short-term investments.
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