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Help needed plzz Debit Credit Cash $ 2,453 Supplies 2,600 Prepaid Insurance 1,800 Land 14,953 Buildings 72,400 Equipment 16,800 Accounts Payable $ 4,653 Unearned Rent
Help needed plzz
Debit Credit Cash $ 2,453 Supplies 2,600 Prepaid Insurance 1,800 Land 14,953 Buildings 72,400 Equipment 16,800 Accounts Payable $ 4,653 Unearned Rent Revenue 3,300 Mortgage Payable 38,400 Common Stock 59,953 Rent Revenue 9,000 Salaries and Wages Expense 3,000 Utilities Expense 800 Advertising Expense 500 $115,306 $115,306 Other data: 1. Insurance expires at the rate of $450 per month. 2. A count of supplies shows $1,120 of unused supplies on May 31. 3. (a) Annual depreciation is $3,720 on the building. (b) Annual depreciation is $3,120 on equipment. 4. The mortgage interest rate is 5%. (The mortgage was taken out on May 1.) 4 5. . Unearned rent of $2,580 has been earned. 6. Salaries of $820 are accrued and unpaid at May 31. Cash 5/31 2453 5/31 12453 Supplies 00 II DO Prepaid Insurance Land Building Accumulated Depreciation-Building I. | III 10 00 0.00 Equipment Accumulated Depreciation-Equipment Unearned Rent Revenue 10 Salaries and Wages Payable DI TO IL Interest Payable .. Mortgage Payable Common Stock 5/31 59953 5/31 5995 Rent Revenue DOO NII Salaries and Wages Expense INT DOO Utilities Expense Advertising Expense Interest Expense Insurance Expense Supplies Expense Depreciation Expense NA TO Step by Step Solution
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