Additional adjusting data A physical count of supplies on hand on December 3 1 , 2 0 2 3 , totalled $ 3 , 4 0 0 Through an oversight, the Salaries and Wages Payable account was not changed during 2 0 2 3 Accrued salaries and wages on December 3 1 , 2 0 2 3 , amounted to $ 6 , 2 0 0 The Interest Receivable account was also left unchanged during 2 0 2 3 Accrued interest on investments amounted to $ 6 , 7 5 0 on December 3 1 , 2 0 2 3 The unexpired portions of the insurance policies totalled $ 4 2 , 0 0 0 as at December 3 1 , 2 0 2 3 A cheque for $ 7 2 , 0 0 0 was received on January 1 , 2 0 2 3 , for the rent of a building for both 2 0 2 3 and 2 0 2 4 The entire amount was credited to Rent Revenue Depreciation on equipment for the year was recorded in error as $ 4 , 7 5 0 rather than the correct figure of $ 4 7 , 5 0 0 A further review of prior years depreciation calculations revealed that depreciation on equipment of $ 1 8 , 5 0 0 had not been recorded It was decided that this oversight should be corrected by adjusting prior years income Assume that Lindy applies IFRS Instructions Assuming that the books have not been closed, what adjusting entries are necessary at December 3 1 , 2 0 2 3 Ignore income tax considerations

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Additional adjusting data  A physical count of supplies on hand on December 3 1 , 2 0 2 3 , totalled $ 3 , 4 0 0   Through an oversight, the Salaries and Wages Payable account was not changed during 2 0 2 3   Accrued salaries and wages on December 3 1 , 2 0 2 3 , amounted to $ 6 , 2 0 0   The Interest Receivable account was also left unchanged during 2 0 2 3   Accrued interest on investments amounted to $ 6 , 7 5 0 on December 3 1 , 2 0 2 3   The unexpired portions of the insurance policies totalled $ 4 2 , 0 0 0 as at December 3 1 , 2 0 2 3   A cheque for $ 7 2 , 0 0 0 was received on January 1 , 2 0 2 3 , for the rent of a building for both 2 0 2 3 and 2 0 2 4   The entire amount was credited to Rent Revenue  Depreciation on equipment for the year was recorded in error as $ 4 , 7 5 0 rather than the correct figure of $ 4 7 , 5 0 0   A further review of prior years depreciation calculations revealed that depreciation on equipment of $ 1 8 , 5 0 0 had not been recorded  It was decided that this oversight should be corrected by adjusting prior years income  Assume that Lindy applies IFRS  Instructions Assuming that the books have not been closed, what adjusting entries are necessary at December 3 1 , 2 0 2 3   Ignore income tax considerations

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Additional adjusting data: A physical count of supplies on hand on December 3 1 , 2 0 2 3 , totalled $ 3 , 4

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