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Help would be much appreciated on these short problems. Problem 9-12 You started the year with a beginning balance in Rent Payable of $2,000. You
Help would be much appreciated on these short problems.
Problem 9-12 You started the year with a beginning balance in Rent Payable of \$2,000. You paid 16 months' rent of $32,000. Record the journal entry. Problem 9-13 You started the year with a beginning balance in Prepaid Rent of \$2,000. You paid 9 months of rent of $9,000. Record the journal entry. Problem 9-14 You started the year with $7,000 in Wages Payable. You paid $55,000 to your worker. You owed her $8,000 at the end of the year. Record the journal entries. Problem 9-15 You started the year with \$2,000 in Prepaid Insurance. This was five months of insurance on a policy that expires this year. On june 1, you purchased a two-year policy for $7,200. Record the journal entries Step by Step Solution
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