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7.) Information for year-end adjustments (15 points) (a) Office supplies on hand at year-end amounted to $100 (b) On January 1, 20xx, Newhart purchased office

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7.) Information for year-end adjustments (15 points) (a) Office supplies on hand at year-end amounted to $100 (b) On January 1, 20xx, Newhart purchased office equipment that cost $18.000. It has an expected useful life of 10 years and no salvage value. (c) On July 1. 20xx, Newhart purchased computer equipment costing $6.000. it has an expected useful life of 3 years (d) On December 1,20xx. Newhart paid a premium of $600 for a six-month insurance polloy (e) Wages earned at the end of December but not yet paid until january amount to $1,200 (f) The estimate of utilities expense for December is $1.500 (g) Client fees earned for the final week of December $4,500. and no salvage value. Assume that Newhart computes depreciation to the nearest full month Complete the worksheet below up to the adjusted trial balance columns. Prepare the adjusting entries in the general journal https://educat.nmu.edu/moodle2/pluginfile.php/684527/question/questiontext/1887588/7/2694602/journal.docx 7.) Information for year-end adjustments (15 points) (a) Office supplies on hand at year-end amounted to $100 (b) On January 1, 20xx, Newhart purchased office equipment that cost $18.000. It has an expected useful life of 10 years and no salvage value. (c) On July 1. 20xx, Newhart purchased computer equipment costing $6.000. it has an expected useful life of 3 years (d) On December 1,20xx. Newhart paid a premium of $600 for a six-month insurance polloy (e) Wages earned at the end of December but not yet paid until january amount to $1,200 (f) The estimate of utilities expense for December is $1.500 (g) Client fees earned for the final week of December $4,500. and no salvage value. Assume that Newhart computes depreciation to the nearest full month Complete the worksheet below up to the adjusted trial balance columns. Prepare the adjusting entries in the general journal https://educat.nmu.edu/moodle2/pluginfile.php/684527/question/questiontext/1887588/7/2694602/journal.docx

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