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XC 0 0 Remaining Time: 2 hours, 12 minutes, 13 seconds. Question Completion Status: Path: Words: 0 QUESTION 2 8 points Save Answer a. b.

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XC 0 0 Remaining Time: 2 hours, 12 minutes, 13 seconds. Question Completion Status: Path: Words: 0 QUESTION 2 8 points Save Answer a. b. You are given the following information: The prepaid insurance account shows a debit balance of 52, 340, representing the cost of a three-year fire Insurance policy that was purchased on October 1 of the current year The office supplies account has a beginning debit balance of $400 During the year, $1,600 in supplies were purchased. A year-end inventory count reveals 580 of supplies still on hand. c. On December 1 of the current year, the company received $3,000 in cash from another company that is renting office space in the company's building The payment, representing rent for December and January, was credited to unearned revenue On October 1 of the current year, the company lent $90,000 to another company. A note was signed with principal and 8% interest to be paid on September 30 of the next year. d. Required: Record the December 31 adjusting entries in the general journal. Assume that December is the end of the annual accounting period. (Explanations are not required) General Journal Date Dr. Cr

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