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Required information {The following information applies to the questions displayed below.) The following transactions pertain to Smith Training Company for Year 1: Jan. 30 Established

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Required information {The following information applies to the questions displayed below.) The following transactions pertain to Smith Training Company for Year 1: Jan. 30 Established the business when it acquired $50,000 cash from the issue of common stock. Feb. 1 Paid rent for office space tor two years, $17,400 cash. Apr. 10 Purchased $760 of supplies on account. July 1 Received $26,000 cash in advance for services to be provided over the next year. 20 Paid $570 of the accounts payable from April 10. Aug. 15 Billed a customer $9,700 for services provided during August. Sept.15 Completed a job and received $2,500 cash for services rendered Oct. 1 Paid employee salaries of $30,500 cash. 15 Received $8,800 cash from accounts receivable. Nov. 16 Billed customers $39,500 for services rendered on account. Dec. 1 Paid a dividend of $1,500 cash to the stockholders 31 Adjusted records to recognize the services provided on the contract of July 1. 31 Recorded $2,500 of accrued salaries as of December 31. 31 Recorded the rent expense for the year. (See February 1.) 31 Physically counted supplies 570 was on hand at the end of the period. b. Post the transactions to T-accounts and calculate the account balances. (Round your answers to the nearest whole dollar amount.) Required information Canh Accounts Racalable Beg. Bal. Beg. Bal. + End. Bal. End. Bal. Prepaid Rent Supplies Beg. Bal. Beg. Bal. End. Bal. End, Bal. Accounts Payable Uneamed Revenue Beg. Bal. Beg. Bal. End. Bal. Salaries Payable Common Stock Beg. Bal. Beg. Bal. End. Bal End. Bal. Dividendo Service Harve Beg. Bal. Beg. Bal. End. Bal. End. Bal. Rent Expense Salaries Expense Beg. Bal Beg. Bal. End. Bal. End. Bal Supplies Expense Beg. Bal. End. Bal

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