Adjustment data for Wizard Health Care, Inc., for January are as follows: 1. Insurance expired, $300. 2.

Question:

Adjustment data for Wizard Health Care, Inc., for January are as follows:

1. Insurance expired, $300.

2. Supplies on hand on January 31, $585.

3. Depreciation on building, $1,800.

4. Unearned rent revenue earned, $1,350.

5. Wages owed employees but not paid, $1,440.

6. Services provided but not billed to patients, $3,850.


Instructions

Based upon the transactions recorded in January for Problem 3-1A, record the adjustments for January using the integrated financial statement framework.


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Related Book For  book-img-for-question

Financial Accounting An Integrated Statements Approach

ISBN: 978-0324312119

2nd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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