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Current Attempt in Progress The ledger of Indigo Lake Lumber Supply on July 31, 2025, Includes the selected accounts below before adjusting entries have been

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Current Attempt in Progress The ledger of Indigo Lake Lumber Supply on July 31, 2025, Includes the selected accounts below before adjusting entries have been prepared. An analysis of the company's accounts shows the following. 1. The investment in the notes receivable earns interest at a rate of 6% per year. 2. Supplies on hand at the end of the month totaled $16,200. 3. The balance in Prepaid Rent represents 4 months of rent costs. 4. Employees were owed $2,900 related to unpaid salaries and wages. 5. Depreciation on bulldings is $5,400 per year. 6. During the month, the company satisfied obligations worth $4,650 related to the Unearned Service Revenue. 7. Unpald maintenance and repairs costs were $2,150. Prepare the adjusting entries at July 31 assuming that adjusting entries are made monthly. Use additional accounts as needed. il kt eff No. Date Account Titles and Explanation 1. July 31 2. July 31 3. July 31 4. 301y31 5. July 31 6. suly 3 7. JuL 31 Debit Credit Current Attempt in Progress The ledger of Indigo Lake Lumber Supply on July 31, 2025, Includes the selected accounts below before adjusting entries have been prepared. An analysis of the company's accounts shows the following. 1. The investment in the notes receivable earns interest at a rate of 6% per year. 2. Supplies on hand at the end of the month totaled $16,200. 3. The balance in Prepaid Rent represents 4 months of rent costs. 4. Employees were owed $2,900 related to unpaid salaries and wages. 5. Depreciation on bulldings is $5,400 per year. 6. During the month, the company satisfied obligations worth $4,650 related to the Unearned Service Revenue. 7. Unpald maintenance and repairs costs were $2,150. Prepare the adjusting entries at July 31 assuming that adjusting entries are made monthly. Use additional accounts as needed. il kt eff No. Date Account Titles and Explanation 1. July 31 2. July 31 3. July 31 4. 301y31 5. July 31 6. suly 3 7. JuL 31 Debit Credit

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