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Record adjusting journal entries for each of the following for year ended December 31. Assume no other adjusting entries are made during the year.

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Record adjusting journal entries for each of the following for year ended December 31. Assume no other adjusting entries are made during the year. a. Accounts Receivable. At year-end, the L. Cole Company has completed services of $20,500 for a client, but the client has not yet been billed for those services. A b. Interest Receivable. At year-end, the company has earned, but not yet recorded. $450 of interest earned from its Investments in government bonds. c. Accounts Receivable. A painting company bills customers when jobs are complete. The work for one job is now complete. The customer has not yet been billed for the $1,420 of work. View transaction list Journal entry worksheet 1 At year-end, the L. Cole Company has completed services of $20,500 for a client, but the client has not yet been billed for those services. Note: Enter debits before credits. Transaction General Journal Debit Credit Accounts receivable 20,500 < Prev 7 of 15 Next >

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