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Below are the information for adjusting entries: 1. The prepaid rent amounting to Php 120,000 is good for one year and was paid in advance
Below are the information for adjusting entries: 1. The prepaid rent amounting to Php 120,000 is good for one year and was paid in advance on November 1, 2022. 2. The unpaid wages of the laundry shop assistant amounting to Php5,000 was not recorded. 3. The washing equipment was acquired on November 1, 2022. It has an estimated useful life of 5 years. 4. The drying equipment was acquired on November 1, 2022. It has an estimated useful life of 3 years. Prepare the Adjusted Trial Balance
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