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Prepare the original Journal entries and the necessary adjusting or correcting entries. Assume that no entries have been made regarding the situation other than those

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Prepare the original Journal entries and the necessary adjusting or correcting entries. Assume that no entries have been made regarding the situation other than those specifically described. Consider each situation separately. Journal descriptions are not required. A) On 1 August, Wenyun paid $4,000 for two month rent. Wenyun recorded the payment as a debit to 'Rent Expense' and a credit to 'Cash' on 1 August. Prepare the original journal entries and the adjusting entries as of 31 August. B) On 1 August, Wenyun paid $4,000 for two month rent. Wenyun recorded the payment as a debit to 'Prepaid Rent' and a credit to 'Cash' on 1 August. Prepare the original journal entries and the adjusting entries as of 31 August. C) On 1 May 2022, Tegshjargal paid the insurance agent $9,000 for the annual insurance premium covering the twelve-month period beginning on 1 May 2022. The $9,000 payment was recorded on 1 May 2022 with a debit to 'Pre-paid Insurance' and a credit to 'Cash'. Prepare the original journal entries and the adjusting entries as of 30 June 2022. D) On 1 May 2022, Tegshjargal paid the insurance agent $9,000 for the annual insurance premium coverir the twelve-month period beginning on 1 May 2022 . The $9,000 payment was recorded on 1 May 2022 with lebit to 'Insurance Expense' and a credit to 'Cash'. Prepare the original journal entries and the adjusting tntries as of 30 June 2022

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