Fleming, Inc. began business operations on January 1, 2019. Fleming's annual reporting period ends December 31. Some events have already occurred and have been recorded; these are reflected in the beginning balances shown on the basic accounting equation grid. Analyze the following additional events during 2019 and complete the requirements on the following pages. Events: a) Paid an accounts payable balance of $5,500. b) Purchased $21,000 of equipment for use in the business, signed a promissory note to pay the supplier in 6 months. c) Earned $88,000 in service revenues for 2019, collecting $40,000 in cash and the rest on credit. d) Purchased $3,400 supplies on account for future use. e) On July 1, paid $18,000 to rent a building for the rest of 2019 and the first half of 2020. f) Customer paid $5,400 in advance for future services. B) Collected accounts receivable, $9,600. h) Declared and paid a $15,000 cash dividend. Data for adjusting entries: i) Wages of $5,600 earned by employees since the December 24 payroll were not yet paid. i) Determined after a year-end count that $6,800 of supplies had been used during the year. k) Fleming provided $4,500 in service that had been prepaid in transaction (f). 1) During December, Fleming provided $6,700 in service on account that was not recorded earlier. m) Depreciation for the year on the equipment was $5,900. n) Accrued $2,300 interest on an outstanding loan (promissory note). o) Building rental expenses for the year, paid in transaction (e), had not yet been recorded. p) Income tax for the year was $39,400. It will be paid in 2020. 2) Record events a) - h) in journal entries in the spaces provided below. Note: Only one column was provided for Expenses in the grid due, but in the journal entries, you must use the appropriate expense account names from the Unadjusted Trillance Event a) Paid an accounts payable balance of $5,500. Basic Acet E Account Names Debits Credits - Accounts Payable 5,500 A- 5,500 completed s an example Cash Event b) Purchased $21,000 of equipment for use in the business, signed a promissory note to pay the supplier in 6 months. Basic Acct al Account Names Debits Impacts Credits Event c) Earned $88,000 in service revenues for 2019, collecting $40,000 in cash and the rest on credit. Basic Acct Eq Debits Account Names Impacts Credits Event d) Purchased $3,400 supplies on account for future use. Basic Acet Eg Account Names Debits Impacts Credits Event e) On July 1, paid $18,000 to rent a building for the rest of 2019 and the first half of 2020. Basic Act Account Names Account Names Debits | Impacts Credits Event f) Customer paid $5,400 in advance for future services. Basic Act Account Names Debits Credits impacts Event g) Collected accounts receivable, $9,600. Basic Acct Eal Account Names impacts Debits Credits Event h) Declared and paid a $15,000 cash dividend. Basic Acct El Account Names Impacts Debits Credits