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b) Prepare adjusting entries for the following items: 1. Supplies of $400 are on hand. Supplies account shows $1,600 balance. 2. Services performed but unbilled

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b) Prepare adjusting entries for the following items: 1. Supplies of $400 are on hand. Supplies account shows $1,600 balance. 2. Services performed but unbilled total $700. 3. Interest of $300 has accumulated on a note payable. 5. Rent collected in advance totaling $1,100 has been earned

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