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eBook Video Exercise 3-9 Adjusting Entries Prepare year-end adjusting entries for each of the following: 1. Office Supplies has a balance of $168 on January

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eBook Video Exercise 3-9 Adjusting Entries Prepare year-end adjusting entries for each of the following: 1. Office Supplies has a balance of $168 on January 1. Purchases debited to Office Supplies during the year amount to $830. A year end inventory reveals supplie od $570 am hand 2. Depreciation of office equipment is estimated to be $4,260 for the year 3. Property taxes for six months, estimated at $1,750, have accrued but have not been recorded 4. Unrecorded interest income on U.S. government bonds is $1,700. 5. Unearned Revenue has a balance of $1,800. Services for $600 received in advance have now been performed. 6. Services totaling $400 have been performed; the customer has not yet been billed. Hide

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