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thanks Selected general ledger accounts of Nova Company, Inc are listed below with the identifying account numbers 11 Cash 22 Uncamed Service Fees 31 Common
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Selected general ledger accounts of Nova Company, Inc are listed below with the identifying account numbers 11 Cash 22 Uncamed Service Fees 31 Common Stock 41 Service Fees Earned 51 Wages Expense 12 Accounts Receivable 14 Prepaid Advertising 15 Equipment Accumulated . 16 Depreciation - Equipment 21 Accounts Payable 52 Advertising Expense 53 Depreciation Expense-Equipment For each of the following transactions or adjustments, indicate the proper accounts to be debited and credited by placing the appropriate account number in the spa Debit Credil Points a Transaction or Adjustment Shareholders invested equipment in the business in exchange for stock Pald two months advertising in advance Billed customers for services rendered b. d Received payment in advance for future services) from customers e Collected payments on account from customers Made adjustment to record depreciation on equipment g Made adjustment to record portion of prepaid advertising that had expired h. Made adjustment to record portion of service fees received in advance that had been earned Step by Step Solution
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