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Ez Curb Company completed the following transactions. The annual accounting period ends December 31 January 8 Purchased merchandise on account at a cost of 526,60e.

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Ez Curb Company completed the following transactions. The annual accounting period ends December 31 January 8 Purchased merchandise on account at a cost of 526,60e. (Assune a perpetual inventory systed,) January 17 paid for the January 8 purchase. April 1 received $59,200 from National Bank after signing a 12-month, 18. percent, promissory note. June 3 purchased merchandise on account at a cost of $30,090. July 5 paid for the June 3 purchase. july i31 gented out a sala11 office in a building owned by Ez curb company and collected six nonths' rent in advance, arounting to $13,200. (use an account called Deferred Revenue.) oecenber 20 collected $34e cash on account from a custoner. Decenber 31 deternined that wages of $11,300 were earned but not yet paid on decenber 31 (Ignore payrol1 taxes). becenber 31 adjusted the accounts at year-end, relating to interest. December 31 Adjusted the accounts at year-end, relating to rent. Required: 1. Prepare joumal entries for each of the transactions through December 20 : 2. Prepare any adjusting entries required on December 31 3. Show how all of the liablities arising from these items are reported on the balance sheet at December 31. Journal entry worksheet 234567 Record the purchase of inventory for $26,000 on account. Note: Enter debits before credits. Journal entry worksheet 4 5 Record the payment for inventory in full. Note: Enter debits before credits. Journal entry worksheet Journal entry worksheet 122 Record the purchase of inventory for $30,000 on account. Notel Enter debits before credits. Journal entry worksheet 13 Record the payment for inventory in full. Note: Enter debits before credits. Journal entry worksheet Record the collection of six months rent in advance amounting to $13,200. Note: Enter debits before credits. Journal entry worksheet 1 2 4 5 Record the collection of $340 cash on account from a customer. Note: Enter debits before credits

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