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The following events apply to Complete Business Service in 2018, its first year of op 1. Received $41,000 cash from the issue of common stock.

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The following events apply to Complete Business Service in 2018, its first year of op 1. Received $41,000 cash from the issue of common stock. 2. Earned $36,000 of service revenue on account. 3. Incurred $15,500 of operating expenses on account. 4. Received $25,500 cash for performing services. 5. Paid $13,500 cash to purchase land. 6. Collected $27,500 of cash from accounts receivable. 7. Received a $7,100 cash advance for services to be provided in the future. 8. Purchased $1,450 of supplies on account. 9. Made a $13,000 payment on accounts payable. 0. Paid a $6,100 cash dividend to the stockholders. 11. Recognized $940 of supplies expense. 2. Recognized $5,550 of revenue for services provided to the customer in Event 7. Required a. Record the events in the general journal. b. Post the events to T-accounts and determine the ending account balances. Saved Help Save & Exlt Submit - HW1 Check my work Post the events to T-accounts and determine the ending account balances. STOCKHOLDERS' EQUITY LIABILITIES ASSETS Dividends Common Stock Cash Accounts Payable Bal. Bal. Bal Service Revenue Accounts Receivable Unearned Revenue Bal Bal Bal. Supplies Operating Expense Bal Bal Land Supplies Expenses Bal Bal

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