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Addjusted trial balance Question 2 and 3 a) Supplies used at Dec 31$2400 b) The estimated useful life of the equipment is 5 years. c)

Addjusted trial balance Question 2 and 3 image text in transcribed
a) Supplies used at Dec 31$2400 b) The estimated useful life of the equipment is 5 years. c) On December 1, the business paid the first five months' rent as advance. Prepaid rent expired during the month. d) The weekly salary expense is $1000 - Monday through Friday- and the business pays employees every Friday. This year December 31 falls on a Wednesday. i) What adjusting entry will Johnson make on -transaction (d) -transaction (a) - transaction (c) 2) How much is the A/P in the Adjusted Trial Balance? 3) How much is the total debit or credit amount in the Adjusted Trial Balance? 4) What closing entry will Johnson make on - Revenue - Expenses - Withdrawals 5) How much is the Debit/Credit amount in the Postclosing trial balance? a) Supplies used at Dec 31$2400 b) The estimated useful life of the equipment is 5 years. c) On December 1, the business paid the first five months' rent as advance. Prepaid rent expired during the month. d) The weekly salary expense is $1000 - Monday through Friday- and the business pays employees every Friday. This year December 31 falls on a Wednesday. i) What adjusting entry will Johnson make on -transaction (d) -transaction (a) - transaction (c) 2) How much is the A/P in the Adjusted Trial Balance? 3) How much is the total debit or credit amount in the Adjusted Trial Balance? 4) What closing entry will Johnson make on - Revenue - Expenses - Withdrawals 5) How much is the Debit/Credit amount in the Postclosing trial balance

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