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Adjusting Entries For each of the following unrelated situations, prepare the necessary adjusting entry in general journal form: a . Unrecorded depreciation on equipment is
Adjusting Entries For each of the following unrelated situations, prepare the necessary adjusting entry in general journal form:
a Unrecorded depreciation on equipment is $
b The Supplies account has a balance of $ Supplies on hand at the end of the period totaled $
c On the date for preparing financial statements, an estimated utilities expense of $ has been incurred, but no utility bill has been received.
d On the first day of the current month, rent for four months was paid and recorded as a $ debit to Prepaid Rent and a $ credit to Cash. Monthly statements are now being prepared.
e Nine months ago, Solid Insurance Company sold a oneyear policy to a customer and recorded the receipt of the premium by debiting Cash for $ and crediting Unearned Premium Revenue $ No adjusting entries have been prepared during the ninemonth period. Annual financial statements are now being prepared.
f At the end of the accounting period, employee wages of $ have been incurred but not paid.
g At the end of the accounting period, $ of interest has been earned but not yet received on notes receivable that are held.tableDescription,Debit,Credita$$
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