Question: 5 6 7 a. 00 8 9 10 b. 11 12 13 c 345 14 15 16 75 17 Use the chart of accounts below

5 6 7 a. 00 8 9 10 b. 11 12 13 c 345 14 15 16 75 17 Use the chart of accounts below to prepare the following transactions. Use a1 and a2 for first two journal entries Use b1 and b2 for b transactions and c1 and c2 for c transactions Tee Farms purchased a year's worth of insurance on March 1, 201x for $1800. Calculate the amount of insurance used in 20x1. 1) Prepare the journal entry on March 1 for the purchase of insurance and 2) the adjusting entry on December 31 to record the use of insurance. Tee Farms has 3 employees who eam $200 per day. The employees worked Dec 29. 30 and 31. The employees will not be paid until January. 1) Calculate the salary accrual for December 31, 201x and 2) Joumalize the entry adjusting entry for the salary accrual Tee Farms received $2,000 on December 15, 20X1 for pruning services to be provided. As of December 31, 20x1, Tee Farms has provided $700 worth of pruning services. Journalize the entry for 1) the receipt of payment for the pruning services and 2) the amount of pruning services eamed as of December 31. + General Joumal
 5 6 7 a. 00 8 9 10 b. 11 12

Use the chart of accounts below to prepare the following transactions. Use a 1 and a 2 for first two joumal entries Use b1 and b2 for b transactions and c1 and c2 for c transactions Tee Farms purchased a year's worth of insurance on March 1, 201x for $1800. Calculate the amount of insurance used in 20x1. 1) Prepare the joumal entry on March 1 for the purchase of insurance and 2) the adjusting entry on December 31 to record the use of insurance. a. Tee Farms has 3 employees who eam $200 per day. The employees worked Dec 29.30 and 31 . The employees will not be paid until January. 1) Calculate the salary accrual for December 31, 201x and 2) b. Joumalize the entry adjusting entry for the salary accrual c Tee Farms received $2,000 on December 15,201 for pruning services to be provided. As of December 31, 201, Tee Farms has provided $700 worth of pruning services. Joumalize the entry for 1 ) the receipt of payment for the pruning services and 2) the amount of pruning services eamed as of December 31

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