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Everest Furniture Trading Inc. has provided you with the following transa a. Rent of AED 180,000 was paid for three years on June 1, 2019.

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Everest Furniture Trading Inc. has provided you with the following transa a. Rent of AED 180,000 was paid for three years on June 1, 2019. b. Beginning balance of office supplies was AED 12,800. The year-en- c. Salaries accrued but not paid to employees as of December 31 an d. The company borrowed money on a note payable on August 1,2 e. The company purchased an equipment for AED 120,000 on July You should copy (Ctrl-c) and paste (Ctrl-v) the template below into your wing transactions for one year. You are required to prepare adjusting entries for the year ending 2019. 19. ear-end count showed that office supplies worth AED 1,080 were left on hand. 31 amounted to AED 14,000 - 1, 2019 for AED 70,000 and interest is charged at a rate of 3% per year. Interest has not been paid yet. uly 1, 2019. The equipment will be depreciated 15,000 every year for 4 years. answer space and complete with the necessary information

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