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534-47-3265 bis 2015 quero Question 1 of 1 View Policies 0.19/1 E Show Attempt...

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Accounting

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534-47-3265 bis 2015 quero Question 1 of 1 View Policies 0.19/1 E Show Attempt History Current Attempt in Progress Kingbird Games Inc adjusts its accounts annually. The following information is available for the year ended December 31, 2022. 1. 2. 3. Purchased a 1-year insurance policy on June 1 for $2,100 cash. Paid $7,410 on August 31 for 5 months' rent in advance. On September 4, received $4,140 cash in advance from a corporation to sponsor a game each month for a total of 9 months for the most improved students at a local school. Signed a contract for cleaning services starting December 1 for $1,140 per month. Paid for the first 2 months on November 30. (Hint: Use the account Prepaid Cleaning to record prepayments.) On December 5, received $1,710 in advance from a gaming club. Determined that on December 31. $540 of these games had not yet been played. 5. (a) Your answer is partially correct. O BE

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