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Using the accounts listed below, complete the accounting cycle for Flinstone and Rubble for the month of October Accounts: Common Stock Accounts Payable Wages Payable

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Using the accounts listed below, complete the accounting cycle for Flinstone and Rubble for the month of October Accounts: Common Stock Accounts Payable Wages Payable Uncaned Service Revenue Cash 9 Accounts Rececivable 10 Interest Receivable Retained Earmings Dividends Depreciation Expense Office Supplies Expense Rent Expense Wages Expense 11 Note Receivable 12 Office Supplies Income Summary (for closing entries) 13 Equipment Service Revenue Interest Revenuc 14 Accumulated Depreciation- Equipment 15 16 ACTIVITY 17 1 August 1 Fred Contributed equipment having a far value of SS 000 and received 1 000 shares comraon stock no par value in exchange 18 2) August 1- Barney contributed an additional $28,000 in cash and received 1,500 shares of common stock (no par value) in exchange 19 3) August 1- Paid the August rent for office space, $1,200 204) August 3 - Purchased office supplies on account, $950 21 5) August 8-The Corporation received S6,500 for services to be performed at a later date 226) August 10-Received S16,000 in cash from clients for services performed 23 7 August 12-Billed Clients $9,500 for services performed 24 8) August 14 - Paid $600 on account for the office supplies purchased on August 3 25 9 August 16-performed services for Dino. Fred agreed to let Dino pay over time so Dino signed a 90-day, 10% Note Receivable for S9600 26 10) August 22-Received $7,500 from clients billed on August 12 27 11) August 26-Paid employee wages of $8,600 28 12) August 31-Cash Dividends of S1,500 were paid 29 30 Adjusting Activities 8/31/19 31 A) Equipment is depreciated at a rate of $600 per month 32 B) Office supplies on hand at month end, $450 33 C) Wages owed to employees but not yet paid are $900 (Do Unadjusted Trial Balance First) 34 D) Interest has accrued on the Note Receivable (use 1/2 of a month for the time that has passed since the note was issued) 35 36 Closing Entries for 831/19 (Do after completion of Financial Statements) 37D Close Revenue 38 II) Close Expenses 39 II) Close Income Summary 40 IV) Close Dividends ork Sheet Income Statement Retained Earnings Statemen

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