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Adjustment data: a. Unearned commission revenue still unearned at August 31, Rs.6,500. b. Prepaid rent still in force at August 31, Rs.1,050. c. Supplies used
Adjustment data: a. Unearned commission revenue still unearned at August 31, Rs.6,500. b. Prepaid rent still in force at August 31, Rs.1,050. c. Supplies used during the month, Rs.340. d. Depreciation on equipment for the month, Rs.370. Principles of Accounting e. Depreciation on building for the month, Rs.130. f. Accrued salary expense at August 31, Rs.460. Required a) Prepare adjusting entries b) Income Statement c) Balance Sheet
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