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At January beginning of its fiscal year Freeman, Incorporated, a financial services consulting firm, reported the
following account balances in thousands, except for par and market value per share:
a Received $ cash for consulting services rendered.
b Issued additional shares of common stock at a market price of $ per share.
c Purchased $ of office equipment, paying percent in cash and owing the rest on a shortterm note.
d Received $ from clients for consulting services to be performed in the next year.
e Bought $ of supplies on account.
f Incurred and paid $ in utilities for the current year.
g Consulted for clients in the current year for fees totaling $ due from clients in the next year.
h Received $ from clients paying on their accounts.
i Incurred $ in salaries in the current year, paying $ and owing the rest to be paid next year
j Purchased $ in shortterm investments and paid $ for insurance coverage beginning in the next fiscal year.
k Received $ in interest revenue earned in the current year on shortterm investments.Enter the following transactions for the current year into the Taccounts, using the letter of each transaction as the reference.
Note: Enter your answers in thousands, not in dollars.Required information
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