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Exercise 1 Use MS Excel to jornalize the input settings presented. As of August 31, the following information was accumulated to prepare the adjustment entries

Exercise 1 Use MS Excel to jornalize the input settings presented. As of August 31, the following information was accumulated to prepare the adjustment entries for the Casa de Papel company: The balance for the supplies account as of August 31 is $ 1,865. Materials on hand as of August 31 are valued at $ 380. The unearned rent account balance as of August 31 is $ 11,000. According to the receipt, the tenants paid in advance on August 1 for four months. Accrued, but unpaid wages (salaries payable), as of August 31 total $ 4,680. Fees earned, but not charged, as of August 31 total $ 19,450. Accumulated depreciation of office equipment is $ 1,800.

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