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33) Prepare adjusting entries for the following transactions. Omit explanations. 1.Depreciation on equipment is $800 for the accounting period. 2.There was no beginning balance of
33) Prepare adjusting entries for the following transactions. Omit explanations.
1.Depreciation on equipment is $800 for the accounting period. 2.There was no beginning balance of supplies and $600 of supplies were purchased during the period. At the end of the period $120 of supplies were on hand. 3.Prepaid rent had a $1,000 normal balance prior to adjustment. By year end $300 was unexpired
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