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Carol Lewis started her own accounting firm. Lewis Accounting on June 1.202.4. Carol wants to prepare monthly hinareial statements. so adjusting entries are required on

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Carol Lewis started her own accounting firm. Lewis Accounting on June 1.202.4. Carol wants to prepare monthly hinareial statements. so adjusting entries are required on June 30 , Selected transactions for June follown. 1. 5920 of supplies wrere used during the month. 2. Utilities expense incurred but not yet recorded or paid on June 30,2024, is 5259. 3. Paid eash of 53,720 for a one-year insurance policy on June 1. 2024, The policy came linto effect on this date. 4. On June 1. purchased otfice equipment for 513.090 cash it is being depreciated at 5218 per menth for 40 month. 5. On Junet 1. Carol signed a note payable for 511,000,696 interest. 6. Assume June 30 is a Vednesday and empleyees are paid on Fridays. Levis Accounting has two etmpleyees, who are paid S1,040 each for a five-day workweek that ends on Friday. 7. On June 15, received a 31.250 advance eash payment from a dient for accounting services oppected to be provided in the future. As at June 30 , one-haif of these services had not been pertormed. 8. Imvoices representing 51,700 of services performed during the month of dune have not been recorded as at dune 30. Prepare adjusting entries for the items above. fCredit account titles are automaticably indented when the amount is entered Do not indent

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