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C E G K L M N O P 1 Polos H I J . Shareholder's Equity Retained Stock + Earnings 46,010,00 38,000.00 Entry Receivable Liabilities Revenue Expenses Net Income Cash Flow Account Nam 46,010.00 A TRUE 38,000.00 3.000.00 1.500.00 38.000,00 N/A CA TRUE 9.500.00 3.800.00 4 3.800. Salary Expense LO DO 1,900.00 1.00 OR TRUE 49,810.00 28,500.00 1. Nunya Business started operations on July 1, 2019 with an initial issue of common stock. The amount is 46010. 2. Nunya Business performed services for one month on account, the amount of this revenue is 38000 3. Nunya Business has received 25% of the amount you recorded in Transaction#2 as partial payment of its accounts receivable. 4. Nunya Business paid 10% of the amount you recorder in Transaction#2 as salary expense. 5. Nunya Business paid 5% of the amount you recorder in Transaction #2 as rent expense. 6. Record the Telephone bill. This amountis 1% of the amount that your calculated in Transaction #2. 7. Besed a cash prepayment form a second customer. The amount will be 7000 8. Record an adjusting entry to recognize 25% of the prepayment from transaction #7 as revenue