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LALLULATUR MESSAGE HY INSTRUCTOR FULL Tom Zopf owns and manages a computer repair service, which had the following trial balance on December 31, 2019 (the
LALLULATUR MESSAGE HY INSTRUCTOR FULL Tom Zopf owns and manages a computer repair service, which had the following trial balance on December 31, 2019 (the end of its fiscal year). Credit Blossom Company Trial balance December 31, 2019 Debit Cash $ 8,500 Accounts Receivable 15,800 Supplies 13,500 Prepaid Rent 2,000 Equipment 20,800 Accounts Payable Common Stock Retained Earnings $60,600 $17,900 32,000 10,700 $60,600 Summarized transactions for January 2020 were as follows. 1. 2. 3. 4. 5. 6. 7. 8. Advertising costs, paid in cash, $1,020. Additional supplies acquired on account $3,280, Miscellaneous expenses, paid in cash, $2,080. Cash collected from customers in payment of accounts receivable $12,470. Cash paid to creditors for accounts payable due $12,880. Repair services performed during January: for cash $6,850; on account $8,670 Wages for January, paid in cash, $2,490. Dividends during January were $2.670. Prepare journal entries to record each of the January transactions. (Credit account s required, select "No Entry for the account s and enter for the amounts.) are automatically indented when the amount is entered. Do not indent manually. If no entry is Ties and Explanation Debit Credit
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