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begin{tabular}{|l|l|l|l|} hline Beg. Bal & & & hline & & & hline & & & hline & & & hline end{tabular}

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\begin{tabular}{|l|l|l|l|} \hline Beg. Bal & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} 2. Fenormed $40,vu or services on account. 3. Incurred $6,500 of other operatirg expenses on account. 4. Paid $21,000 cash for salaries expense. 5. Collected $34,500 of accounts receivable. 6. Paid a $3,000 dividend to the stockholders. 7. Performed $9,500 of services for cash. 8. Paid $5,500 of the accounts payable. Required a. Record the preceding transactions in general journal form. b. Post the entries to T-accounts. c. \& d. Determine the amount of total assets at the end of Year 1, and the amount of net income for Year 1. Complete this question by entering your answers in the tabs below. Determine the amount of total assets at the end of Year 1, and the amount of net income for Year 1. Required a. Record the preceding transactions in general journal form. b. Post the entries to T-accounts. c. \& d. Determine the amount of total assets at the end of Year 1 , and the amount of net income for Year 1. Complete this question by entering your answers in the tabs below. Record the precedingegsistsactions in general joumal form. (If no entry is required for a transactionvevent, select "No journal entry required" in the first account field.)

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