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Geo Inc. had the following account balances on January 1, Year 2: Accounts Payable Accounts Receivable Cash Common Stock Equipment Note Payable Retained Earnings Salaries

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Geo Inc. had the following account balances on January 1, Year 2: Accounts Payable Accounts Receivable Cash Common Stock Equipment Note Payable Retained Earnings Salaries and Wages Expense Supplies $ 719 2,000 2,000 20,000 2,500 3,800 4,181 4,500 1,300 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 transactionlevent, select "No Journal Entry Required in the first account field) A Paid 5710 on account for utilities that were used during December Year 1 B. Purchased $473 of supplies for cash C. Signed a rental agreement for office space and paid $5.500 in advance for six months of rent beginning February 1 Year 2 D. Purchased $10.500 of new equipment, signing a promissory note E Provided $31.000 of services. 515,500 was received in cash and $15,500 was provided on credit. F Paid workers 56.800 for work done in January View transaction list Journal entry worksheet 2 3 Record the payment of $719 on account for December's utilities. Note: Enter debits before credits Transaction General Journal Debit Credit Journal entry worksheet

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