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Can anyone help me with this? thank you! Geo Inc. had the following account balances on January 1, Year 2: Accounts Payable 701 1,400 Accounts
Can anyone help me with this? thank you!
Geo Inc. had the following account balances on January 1, Year 2: Accounts Payable 701 1,400 Accounts Receivable 1,400 Cash 10,000 Common Stock 1,300 Equipment Note Payable 2,600 3,411 Retained Earnings Salaries and Wages Expense 3.900 Supplies 580 Required: Prepare journal entries for each of the following January activities, and post results to the relevant T-accounts. Compute the ending balance of each T-account. Beginning balances have been entered. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) A. Paid $701 on account for utilities that were used during December Year 1. B. Purchased $443 of supplies for cash. C. Signed a rental agreement for office space and paid $4,300 in advance for six months of rent beginning February 1, Year 2. D. Purchased $13,500 of new equipment, signing a promissory note. E. Provided $28,000 of services. S14,500 was received in cash and S13,500 was provided on credit. F. Paid workers S5,600 for work done in JanuaryStep by Step Solution
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