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Requlred Information [The following Information applies to the questions displayed below.] Sye Chase started and operated a small family architectural firm in Year 1. The
Requlred Information [The following Information applies to the questions displayed below.] Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $22,800 of services on account, and (2) he purchased $3,300 of supplies on account. There were $1,050 of supplies on hand as of December 31 , Year 1. Required a. b. \& e. Record the two transactions in the accounts. Record two separate entrles for the closing entrles. Record the required yearend adjusting entry to reflect the use of supplies and the required closing entrles. Post the entrles in the T-accounts and prepare a post-closing trlal balance. Complete this question by entering your answers in the tabs below. Record the two transactions in the following T-accounts. Record two separate entries for the closing entries. Required Information [The following Information applies to the questions displayed below.] Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $22,800 of services on account, and (2) he purchased $3,300 of supplies on account. There were $1,050 of supplies on hand as of December 31 , Year 1. Required a. b. \& e. Record the two transactions in the accounts. Record two separate entrles for the closing entrles. Record the required yearend adjusting entry to reflect the use of supplies and the required closing entrles. Post the entrles in the T-accounts and prepare a post-closing trial balance. Complete this question by entering your answers in the tabs below. Record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Requlred Information [The following Information applies to the questions displayed below.] Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $22,800 of services on account, and (2) he purchased $3,300 of supplles on account. There were $1,050 of supplies on hand as of December 31 , Year 1. Required a. b. \& e. Record the two transactions in the accounts. Record two separate entries for the closing entrles. Record the required yearend adjusting entry to reflect the use of supplles and the required closing entrles. Post the entrles in the T-accounts and prepare a post-closing trlal balance. Complete this question by entering your answers in the tabs below. Post the entries in the T-accounts and prepare a post-closing trial balance
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