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Please help ASAP. Journal entry worksheet 2 34 5 6 7 8 Receives $25,000 cash as an owner investment in exchange for common stock. Note:

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Journal entry worksheet 2 34 5 6 7 8 Receives $25,000 cash as an owner investment in exchange for common stock. Note: Enter debits before credits. Use the drop-downs to select the accounts properly included on the income statement. The unadjusted, adjus or post-closing balances will appear for each account, based on your selection. A dog training business began on December 1 . The following transactions occurred during its first month. December 1 Receives $25,000 cash as an owner investment in exchange for common stock. December 2 Pays $6,600 cash for equipment. December 3 Pays $3,900 cash (insurance premium) for a 12 -month insurance policy. Coverage began on December 1. December 4 Pays $1,100 cash for December rent expense. December 7 Provides al1-day training services for a large group and inmediately collects $1,350 cash. December a Pays $225 cash in wages for part-time help. December 9 provides training services for $2,500 and rents training equipment for $650. The custoner 15 billed $3,150 for these services. December 19 Receives $3,150 cash From the customer billed on Dec. 9. December 20 Purchases $2,050 of supplies on eredit from a supplier. December 23 Receives $1,700 cash in advance of providing a 4-week training service to a customer. December 29 paya $1,325 cash as a partial payment toward the accounts payable of Dec. 20. December 30 Distributed a $525 cash dividend to the owner. Information for month-end adjustments follows: December 31 One month of the 12-month, $3,900 insurance policy is expired by December 31 . This 2 eaven $3,575 not yet expired. December 31 A physical count of supplies on December 31 shows that only $1,225 of $ upplies remafn of the $2,050 supplies purchased. December 31 The $6,600 of equipment purchased at the beginning of Decenber has a useful 11 fe of 5 years and wi11 be worth nothing at the end of 5 years ( 60 months). The business uses straight-1ine depreciation to allocate the $6,600 net cost over 60 nonths. On December 31 , 1 month of depreciation must be recorded. December 31 The business agreed on December 23 to provide a 4-week training service to a customer for a fixed fee of $1,700 paid in advance. By December 31 , the business has provided 1 of the 4 weeks of services and earned one-fourth of the fee. No revenue is yet recorded. December 31 On December 31 , wages of $625 are owed to a part-time employee for work done over the past 3 weekis. Those wages are not yet paid or recorded. December 31 The business agreed to provide 6 weeks of training services to a customer for a fee of $4,350, or $725 per veek. The cuntomer agroes to pay the fuli $4,350 at the end of 6 weeks when services are conplete. By December 31,2 weeks of services have been provided, but the business hall not yet billed the customer or recorded the 2 weeks of services provided. The unadjusted or adjusted balances will appear for each account, based on your selection. (Selecting Post-Closing will only display ending balance.) Unadjusted Balance Sheet Pout Closing Unadjusted

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