Question
1.Journalize the necessary adjusting entry: Supplies at the beginning of the month amounted to $450. At the end of the month, $100 worth of supplies
1.Journalize the necessary adjusting entry: Supplies at the beginning of the month amounted to $450. At the end of the month, $100 worth of supplies are remaining
2.Journalize the necessary adjusting entry: Amounts earned but unrecorded at the end of the month equal $4,500.
3.Journalize the necessary adjusting entry: The balance in the prepaid rent account before adjustment at the end of the year is $14,000. The amount of unexpired rent applicable to a future periods is $2,000.
4.Journalize the necessary adjusting entry: A business pays weekly salaries of $15,000 on Friday for a five-day week ending on that day. Journalize the necessary adjusting entry at the end of the fiscal period, assuming that the fiscal period ends on Wednesday.
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