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Debit Credit Cash $28,000 Accounts Receivable 7,800 Prepaid Insurance 18,000 Accounts Payable $15,000 Salaries Payable 16,600 Common Stock 12,500 Service Revenue 67,100

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Debit Credit Cash $28,000 Accounts Receivable 7,800 Prepaid Insurance 18,000 Accounts Payable $15,000 Salaries Payable 16,600 Common Stock 12,500 Service Revenue 67,100

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