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From this partial worksheet on November 30, 201X, journalize the adjusting entries: (Click the icon to view the partial worksheet.) Why does Equipment remain at

From this partial worksheet on November 30, 201X, journalize the adjusting entries: (Click the icon to view the partial worksheet.) Why does Equipment remain at $2,925 on the adjusted trial balance? Journalize adjusting entries. (Record debits first, then credits. Exclude explanations from adjusting entries.) Start by journalizing the office supplies adjustment. Date 201X Nov. Journal Entry Account Titles PR Dr. Cr. Next, journalize the prepaid rent adjustment. Date 201X Nov. Data table Trial Balance Adjusted Trial Balance Journal Entry Account Titles PR Dr. Dr. Cr. Dr. Cr. Cr. Office Supplies 1,950 1,400 Prepaid Rent 330 80 Equipment 2,925 2,925 Salaries Expense 420 680 Office Supplies Expense 200 750 Rent Expense 450 700 Dep. Expense, Equip. 75 400 Journal Entry Acc. Depreciation, Equip. 75 400 Account Titles PR Dr. Cr. Salaries Payable 260 Journalize the depreciation adjustment. Date 201X Nov. Journalize the salaries expense adjustment. Date 201X Nov. Journal Entry Account Titles PR Dr. Cr. Print Done Why does Equipment remain at $2,925 on the adjusted trial balance? OA. The original cost of equipment is not adjusted. The original cost of equipment is the historical cost. The adjustment data is reflected in Depreciation Expense and Accumulated Depreciation accounts. OB. The original cost of equipment is adjusted at month end. The original cost of equipment is the historical cost. The adjustment data is reflected in Depreciation Expense and Equipment accounts only at year end. OC. The original cost of equipment is only adjusted at year end. The original cost of equipment is the historical cost. The adjustment data is reflected in Depreciation Expense and Equipment accounts only at year end

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