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Your co-worker wanted the afternoon off and you graciously agreed to finish up his work for him. Use the completed journal entries provided and post
Your co-worker wanted the afternoon off and you graciously agreed to finish up his work for him. Use the completed journal entries provided and post them to their T-accounts. Assume all accounts start with a zero balance. Compute the balance of each account and mark it as Bal. . (Click the icon to view the journal entries.) (If a box is not used in the t-accounts leave the box empty; do not select a label or enter a zero.) More info Cash Medical Supplies Accounts Payable Journal Entry Date Debit Credit Bal. Bal. Bal. Bal. Bal Bal Jan 24,000 Service Revenue Tyler Spinali, Capital Rent Expense 24.000 Jan 14,000 Bal. Bal. . Bal. Bal. Bal. Bal. . 14,000 Accounts 1 Cash Tyler Spinali, Capital Received investment from owner. 2 Medical Supplies Accounts Payable Purchased supplies on account. 2 Rent Expense Cash Paid office rent for January. 3 Cash Service Revenue Performed service for cash. Jan 4,300 4,300 Jan 8,200 8,200 Jan 5 Accounts Payable 4,300 Cash 4,300 Partial payment of balance on account
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