Chapter 3 Homework-Algo Seve Help Save & Exit Submit Check my work 4 2 points Pro a. Performed $21,000 of services on account b. Collected $16,100 cash on accounts receivable c. Paid $5,200 cash in advance for an insurance policy d. Paid $1,330 on accounts payable e. Recorded the adjusting entry to recognize $3,000 of insurance expense f. Received $9,600 cash for services to be performed at a later date. 9. Purchased land for $1,500 cash h. Purchased supplies for $1300 cash Required Record each of the preceding transactions in general journal form and then show the effect of the transaction in a horizontal statements model. The first transaction is shown as an example Transaction Service revenue Dit redit 21,000 21,000 Complete this question by entering your answers in the tabs below. General Journal Horizontal Statements Model