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A partial tabular summary for Sunland Company on July 3 1 , 2 0 2 2 , includes the following accounts before adjustments have been
A partial tabular summary for Sunland Company on July includes the following accounts before adjustments have been prepared.
An analysis of the company's accounts shows the following.
The investment in the notes receivable earns interest at a rate of per year.
Supplies on hand at the end of the month totaled $
The balance in Prepaid Rent represents months of rent costs. Three months of rent remain unexpired at the end of July.
Employees were owed $ related to unpaid salaries and wages.
Depreciation on buildings is $ per year.
During the month, the company satisfied obligations worth $ related to the Unearned Service Revenue.
Unpaid maintenance and repairs costs were $
Prepare a tabular summary to record adjustments on July assuming that adjustments are made monthly. If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign or parentheses in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.
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