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Adjustments from the trial balance Book adjustments based on the trial balance information given below: 1. Supplies on Jan 1 were $14,000. During 20X4, $35,000

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Adjustments from the trial balance Book adjustments based on the trial balance information given below: 1. Supplies on Jan 1 were $14,000. During 20X4, $35,000 of supplies were bought. On Dec 31, there are $18,000 of supplies left. Date Accounts Debits Credits Dec 31, 20X4 2. The company has delivered merchandise for $2,800 on Dec 30. The invoice will go out ot the customer only early next year. Dec 31, 20X4 3. The company holds a note receivable for $24,000 which yields 4% interest. The December interest has not been booked yet. Dec 31, 20X4 4. The company has bought a truck for $100,000 on Jan 1, which has a useful life of 5 years. Dec 31, 20X4 5. The company had $5,000 unearned revenue on the books for services not yet delivered. By Dec 30, half of the services owed had been delivered to the customer. Dec 31, 20X4

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