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Listen to me carefully, this question has not been previously solved in chegg, so do not bother yourself and attach previous wrong answers to me,
Listen to me carefully, this question has not been previously solved in chegg, so do not bother yourself and attach previous wrong answers to me, I want you to solve these two paragraphs yourself, and focus on the solution.
A) 1. March 3, 2018, issues $50,000 shares of common stock for cash. 2. March 5, 2018, purchases equipment on account for $4,500. 3. March 7, Provided service for a client for 7000$ on account 4. March 12, 2018, pays a $500 utility bill with cash. 5. March 14, 2018, distributed $150 cash in dividends to stockholders. 6. March 18, 2018, paid with cash, for the equipment purchase on March 5. 7. March 20, 2018, paid $4,600 cash in salaries expense to employees. 1- Journalize transaction 2- Post to ledger 3- Prepare trial balance B) Adjusting Entries 1- January 1, an amount of $30000 was paid as advance rent for three months Entry on January 1 Entry on January 31, 2- March 1, purchased office supplies costing $15,400 on account. End of the month 10,000 of the equipment still on hand Entry on March 1 Entry on March 31, 3- August 1, received $3,000 as an advance payment from customers for service will be completed after 3 months. By end of the month earned 2000 of the service. Entry on August 1 Entry on August 31 ((( The solution previously found in chegg is not related to this question, it is related to another paragraph that I didn't mention in this question. )))
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