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Please provide journal entries for questions A B and C Prepare adjusting entries as of December 31 of the current year for the following transactions.

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Please provide journal entries for questions A B and C

Prepare adjusting entries as of December 31 of the current year for the following transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. a. Collected $3,000 rent for the period December 1 of the current year to April 1 of next year, which was credited to Unearned Rent Revenue on December 1. b. Purchased a machine for $50,000 cash on January 1. The company estimates annual depreciation at $4,300. c. Paid $2,600 for a two-year insurance premium on July 1 of the current year; debited Prepaid Insurance for that amount on July 1. Journal entry worksheet Prepare the adjusting entry needed at December 31 . Collected $3,000 rent for the period December 1 of the current year to April 1 of next year, which was credited to Unearned Rent Revenue on December 1. Note: Enter debits before credits

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