Record each of the following events in the horizontal statements model. After each event, record...
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Accounting
Record each of the following events in the horizontal statements model. After each event, record the corresponding December end ofyear adjustment that would be necessary. Required: a Paid $ for a year lease beginning April b Paid $ to purchase supplies. At year end, $ of supplies remained. c Received a $ cash advance for a month contract beginning on September Note: Enter any decreases to account balances with a minus sign. Leave cells blank if no input is needed. 
Record each of the following events in the horizontal statements model. After each event, record the corresponding December end
ofyear adjustment that would be necessary.
Required:
a Paid $ for a year lease beginning April
b Paid $ to purchase supplies. At year end, $ of supplies remained.
c Received a $ cash advance for a month contract beginning on September
Note: Enter any decreases to account balances with a minus sign. Leave cells blank if no input is needed.
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