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Assessing Financial Statement Effects of Adjustments For each af the following separste situations, prepare the necesary accounting adjustments using the financial statemert effects teriplate. (a)

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Assessing Financial Statement Effects of Adjustments For each af the following separste situations, prepare the necesary accounting adjustments using the financial statemert effects teriplate. (a) Unrecorded depreciation on equipment is $3,050. (b) The Supplies account has an unadjusted balance of \$1,4,950. Supplies sall available at the end of the period total 85,500 . (c) On the date for preparing financial statements, an estimated wtlities expense of 51,950 has been incurred, but no wility bili has yet been received or paid. (d) On the first day of the current peried, rent for four periods was paid and recorded as a 514,000 increase to Prepaid hent and a 514,000 decease to Cash. (e) Nine months ago. The Allstate Corporation sold a one year policy to a cuntomer and recorded the receipt of the premium by crediting Uneamed fievenue for s3, 120 . No accounting adjustments have been prepared during the nine-month period. Alstate's annual financial statements are now being prepared. (f) At the end of the perind, employee wages of 54,825 have been incumed but not pald or recorded. (g) At theend of the period, 11,500 of interest has been eamed but not yet recetved or recorded

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