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1. Prepare the necessary adjusting entries for the following on June 30. a. $10,000 of Salaries and Wages are normally paid on Friday. What would
1. Prepare the necessary adjusting entries for the following on June 30. a. $10,000 of Salaries and Wages are normally paid on Friday. What would the entry be if the end of the month is on Wednesday? b. Before adjustment, unearned rent revenue had $15,375, but at the end of the month the amount left is only $5,321. c. Depreciation of $3,000 on sales equipment. d. Supplies account had a beginning balance of $2,550. Purchased $2500 during the month and at the end of the month we still had $525 left. e. Fees accrued but unbilled, $3,000
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