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sairaanwar67
sairaanwar67
12.02.2021 • 
Business

Nelson Company began operations on December 1, Year 1. The following transactions and adjustments were recorded in December and posted to the company’s ledger accounts: 5) Purchased $1,000 of supplies on account to be used in January

1) Acquired $5,800 cash from the issue of common stock to its stockholders
2) Provided services on account for $5,300
3) Paid $2,900 cash for land
4) Owed $2,400 of salaries expenses to employees for work done in December that will be paid during January
6) Collected $2,700 from customers

What is the total of the debit account balances that will be reported on the company's adjusted trial balance at December 31, Year 1?

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