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Adjusting entries Instructions Chart of Accounts Journal Final Question Instructions On December 31, the following data were accumulated for preparing the adjusting entries for Flagship

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Adjusting entries Instructions Chart of Accounts Journal Final Question Instructions On December 31, the following data were accumulated for preparing the adjusting entries for Flagship Really: The supplies account balance on December 31 is $5,450. The supples on hand on December 31 are $1,480, The unearned rent account balance on December 31 is 54,700 representing the receipt of an advance payment on December 1 of five months rent from tenant Wages noored but not paid ut December 31 are 82,375 Focs earned but unbilled at December 31 are $18,920. Depreciation of office equipment is 84,985. Required: 1. Joumaize the adjusting entries required at December 31. Refer to the chart of accounts for the exact wording of the account . CHOW Journalis do not use lines for joumai explorations. Every line on a journal page is used for debit or credil entries, CNOW journals will automatically indent a credit endy when a credit amount is entered 2. What is the diference between adjusting entries and correcting entrins

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