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For preparing the adjusting entries, the following data were assembled: Fees earned but unbilled on June 30 were $10,710. Supplies on hand on June 30
For preparing the adjusting entries, the following data were assembled:
Fees earned but unbilled on June 30 were $10,710.
Supplies on hand on June 30 were $8,740.
Depreciation of equipment was estimated to be $14,790 for the year.
The balance in unearned fees represented the June 1 receipt in advance for services to be provided. During June $20,560 of the services was provided.
Unpaid wages accrued on June 30 were $1,890.
Milbank Repairs \& Service ",= For preparing the adjusting entries, the folkwing data were assembled: - Faes cerned but Lntilled cn June 30 were $10,712. - Supplies un hand un June 20 were $8,740. - Depreriation of equipment wa estimated to be $144r790 for the yaar. - The balance in unearned faes reprasented the June 1 receijt in achance for services to be provided. During June $20,560 of the services was pravided. - Unpaid nages accrued on Jare 30 were $1,890, Requiredi 1. Jourralie the adfustion antries nocarearv on June 30.2019. - Depreriation of equipment we estimated te be $144r790 for the year. - The bolance in unespned faes represented the June 1 rexeiat in advonce for servises bo be provided. During June $20,560 of the services was pravided. - Unpaid weges eccrued on Jare 30 nere $1,890. Requiredi 1. Tournalie the adjusting entries necasenry on tune 30,2019 . 2. Determine the revenues, experses, and net income of Miloank Repairs a Service before the adjusting entries. 3. Determine the revenues, experyag, and net incume of Miljank Repairs B Service after the adjust ru entries. 4. Determine the effect of the adjust ing entries on Nancy Ionnes, Capital. Nancy Townes, Capital ty $
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