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open ended with dialog box Below are a list of transactions that occurred (and were appropriately recorded) for Gamecock Company throughout the year. Based on

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open ended with dialog box
Below are a list of transactions that occurred (and were appropriately recorded) for Gamecock Company throughout the year. Based on the information given, record any necessary adjusting entries at year end (December 31). Round all answers to the nearest dollar. Hint: You should have a total of 5 adjusting journal entries. Date Transaction June 30 Purchased a 12 month insurance policy for $4,000, October 1 Received $1,200 in advance for services to be performed evenly over the next year, beginning immediately (i.e. October 1 through September 30). November 13 Purchased $800 of office supplies. Additional Information: The Office Supplies account had a $200 balance at the beginning of the year, and a physical count of supplies on hand indicated that $400 of supplies remained at year end. . Interest on a note payable that has accrued but has not been paid totals $300. The income tax rate is 30%, and income tax will be paid in January of next year. Pre-tax income before adjusting entries was $1,000,000

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