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1. Jeckle Company Ltd. has the following unadjusted trial balance as of March 31, 2019: Accounts Cash Accounts Receivable Supplies Prepaid Rent Land Building Accumulated

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1. Jeckle Company Ltd. has the following unadjusted trial balance as of March 31, 2019: Accounts Cash Accounts Receivable Supplies Prepaid Rent Land Building Accumulated Depreciation Building Store Equipment Accumulated Depreciation Store Equipment Accounts Payable Notes Payable Unearned Fees Jeckle capital Fees earned Rent expense Debit Credit 1,600 4,500) 1,900 1,500 23,000 50,000 8,500 26,000 14,625 6,000 2,500 8,175 34,000 35,000 300 $108,800 $108.800 The following adjustment data was assembled by A. Gabourel who is the Accountant for Jeckle Ltd.: A) Supplies used for the period were $1,225. B) Depreciation on the building is $2,500. C) Depreciation on the Store Equipment is $3,125. D) Prepaid Rent unexpired is $900. E) Twenty percent of the Unearned Fees has been earned. F) Salaries incurred but unpaid is $5,000. i. Journalize the adjusting journal entries on March 31, 2019 the end of the acctg period. (10 pts) ii. Prepare an adjusted trial balance. (7 pts) iii. State how the financial statements would have been affected if the adjusting entry for (E) was omitted. (4 pts)

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