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Check Exercise 3-6 Preparing adjusting entries - accrued revenues and expenses LO P1 a. M&R Company provided $3,600 in services to customers that are expected

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Check Exercise 3-6 Preparing adjusting entries - accrued revenues and expenses LO P1 a. M&R Company provided $3,600 in services to customers that are expected to pay the company sometime in January following the company's year-end. b. Wage expenses of $2,600 have been incurred but are not paid as of December 31. c. M&R Company has a $6,600 bank loan and has incurred (but not recorded) 7% interest expense of $462 for the year ended December 31. The company will pay the $462 interest in cash on January 2 following the company's year-end. d. M&R Company hired a firm to provide lawn services during December for $660. M&R will pay for December lawn services on January 15 following the company's year-end. e. M&R Company has earned $360 in interest revenue from investments for the year ended December 31. The interest revenue will be received on January 15 following the company's year-end. 1. Salary expenses of $1,060 have been earned by supervisors but not paid as of December 31 Prepare year-end adjusting journal entries for M&R Company as of December 31 for each of the above separate cases View transaction list Journal entry worksheet 3 4 5 M&R Company provided $3,600 in services to customers that are expected to pay the company sometime in January following the company's year-end

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