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Geo inc. had the following account balances on January 1, Year 2 : During January, Year 2, Geo entered into the following transactions: A. Paid

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Geo inc. had the following account balances on January 1, Year 2 : During January, Year 2, Geo entered into the following transactions: A. Paid $698 on account for utilities that were used during December, Year 1. B. Purchased $438 of supplies for cash. C. Signed a rental agreement for office space and paid $4,100 in advance for six months of rent beginning February 1 , Year 2 . D. Purchased $13,000 of new equipment, signing a promissory note. E. Provided $27,500 of services. $17,500 was recelved in cash and $10,000 was provided on credit. F. Paid workers $5,400 for work done in January. Required: Prepare journal entries for each of the following January activities, and post results to the relevant T-accounts. Compute the ending balance of each T-account. Beginning balances have been entered. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Complete this question by entering your answers in. the tabs below

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