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F. Accounts Payable g Accounts Receivable aker Incorporated specializes in training and veterinary services to for household pets, such as dogs, s-16. B birds, lizards,
F. Accounts Payable g Accounts Receivable aker Incorporated specializes in training and veterinary services to for household pets, such as dogs, s-16. B birds, lizards, fish, and of course, cats. After the account balances. first 11 months of operations in 2018, Baker has the following Account Title DebitsCredits Cash $13,300 2,600 4,800 82,100 200,000 Supplies Prepaid rent Equipment Buildings Accounts payable Deferred revenue Common stock Retained earnings Dividends Service revenue Salaries expense $9,500 3,400 145,000 50,200 9,000 250,000 100,000 15,600 Advertising expense Utilities expense Totals 458,100$458,100 The following transactions occur during December 2018: December December 4 Baker provides services to customers for eash, S15.650 Purchase pet supplies on account, $2.700 Pay for supplies purchased on December 4 December 12 Issue additional shares of common stock for cash, $6,000 Baker er provides services to customers on account, $25.400 Purchase 19 equipment with cash, $7.800 December 22 December 24 Pay utilities for December, $4,400, Receive cash from customers for services to be provided next January, $2,500 Required: 1. Record each transaction. Credit Debit Date Account 2. Post the appropriate transactions to the Cash T-accounts. 3. Calculate the balance of the Cash account at December 31
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