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correct this: Required a. In parallel columns, list the accounts that would be debited and credited for each unrelated transactions: f the following Event Account
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Required a. In parallel columns, list the accounts that would be debited and credited for each unrelated transactions: f the following Event Account Debited Account Cred ited Common stock (1) Acquired cash from the issue of common stock. Cash (2) Provided services for cash. Service revenue Cash (3) Paid cash for salaries expense. Salaries expense Cash Supplies Prepaid rent (4) Purchased supplies for cash. Cash (5) Paid in advance for two-year lease on office space. (6) Provided services on account. Unearned revenue Retained earnings Accounts receivable Rent expense (7) Recognized expense for prepaid rent that had been used up by the end of the accounting period. Unearned revenue (8) Recognized accrued interest revenue (9) Recorded accrued salaries at the end of the accounting period. Interest receivable Interest revenue Retained earnings Salaries expense
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