12 Pearson ACT-Accounting Cycle Tutorial Financial-Mozilla Firefox 8 https://act.pearsoncmg.com/activity/0/1/1 44F Clear P#15 PART 1 DEL JERLI IL INSLUMEL ENO PART 2 PG AN PART 3 PART 1: Journal Entries Smart Touch Learning began operations on December 1. Record the business transactions for the month of December. Explanations are not required. Refer to the Chart of Accounts for account titles. Record debits first, then credits. Check your spelling carefully and do not abbreviate. Enter account names exactly as shown in the Chart of Accounts. Use the dropdown list to select the date. Date Date PART 4 NUM CYBERPOWER 7 Smart Touch Learning began operations by receiving $20,200 cash and furniture of a fair value of $8,900 from James Smith. The business issued Smith shares of common stock in exchange for this contribution. P PART 5 Paid $480 cash for office supplies on December 4. PART 6 10 Paid $1,300 cash for a four-month insurance policy on December 1. The policy begins December 1. (JINS Accounts PART