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The following is data for adjusting journal entries as of December 31 for Bayside Oil & Gas. A) Bayside Oil & Gas started the month

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The following is data for adjusting journal entries as of December 31 for Bayside Oil \& Gas. A) Bayside Oil \& Gas started the month with $500 in supplies. They had purchased $2,300 more in supplies throughout the month. On December 31 they counted $800 supplies remaining. B) Bayside Oil \& Gas had prepaid $8,000 for four months of rent on December 1 . Each month of rent costs the same amount. C) Interest accrued on the notes payable totaled $280 at the end of the month. Bayside Oil \& Gas will pay the interest in January of next year. D) As of December 31, Bayside Oil \& Gas had delivered 30% of the services for the customers who had prepaid $6,000 earlier in the period. Record the appropriate journal entries needed on December 31. A)

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