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please solve each question in the organized order, please & thank you The following account balances are taken from the December 31, 2020, financial statements

please solve each question in the organized order, please & thank you
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The following account balances are taken from the December 31, 2020, financial statements of ABZ Advertising Company. The company uses accrual basis accounting. The following activities occurred in 2021: 1. Performed advertising services on account, $55,000. 2. Received cash payments on account, $10,400. 3. Recelved deposits from customers for advertising services to be performed in 2022, $2,500. 4. Made payments to suppliers on account, $5,000. 5. Incurred $45,000 of operating expenses; $39,000 was poid in cash and $6,000 was on account and unpaid as of the end of the yeat Which of the following is the journal entry that will be used to record activity $1 ? Which of the following is the journal entry that will be used to record activity #n? Multiple Choice Debit Advertising Revenue and credit Accounts Receivable for $55,000 Debit Accounts Recelvable and credit Advertising Revenue for $55,000 Debit. Accounts Receivable and credit Cash for $55,000 Debit Cash and credit Advertising Revenue for $55.000 Which of the following is the journal entry that will be used to record activity #3 ? Multiple Choice Debit Deferred Revenue and credit Recelvable for $2,500 Debit Cash and credit Deferred Revenue for $2,500 Debit Deferred Revenue and credit Advertising Revenue for $2,500 Debit Cash and credit Accounts Receivable for $2,500 Which of the following is the journal entry that will be used to record activity #4? Multiple Choice Debit Accounts Payable and credit Cash for $5,000 Debit Operating Expense and credit Cash for $5,000 Debit Accounts Payable and credit Operating Expense for $5,000 Debit Cash and credit Accounts Payable for $5,000

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