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Performed $27,700 of services on account. Collected $20,500 cash on accounts receivable. Paid $5,400 cash in advance for an insurance policy. Paid $1,470 on accounts

Performed $27,700 of services on account. Collected $20,500 cash on accounts receivable. Paid $5,400 cash in advance for an insurance policy. Paid $1,470 on accounts payable. Recorded the adjusting en 1 answer

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