Based on the data in Exercise 4-24, prepare the adjusting entries for Alert Security Services Co. In

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Based on the data in Exercise 4-24, prepare the adjusting entries for Alert Security Services Co.
In Exercise 4-24
Alert Security Services Co. offers security services to business clients. The trial balance for Alert Security Services Co. has been prepared on the following end-of-period spreadsheet for the year ended October 31, 2016:
Based on the data in Exercise 4-24, prepare the adjusting

The data for year-end adjustments are as follows:
a. Fees earned, but not yet billed, $13.
b. Supplies on hand, $4.
c. Insurance premiums expired, $10.
d. Depreciation expense, $3.
e. Wages accrued, but not paid, $1.

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Corporate Financial Accounting

ISBN: 978-1285868783

13th edition

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

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