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help The ledger of Pina Colada Corp, on March 31 of the current year includes the following selected accounts before adjusting entries have been prepared:
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The ledger of Pina Colada Corp, on March 31 of the current year includes the following selected accounts before adjusting entries have been prepared: An analysis of the accounts shows the following. 1. The equipment depreciates $266 per month: 2. Half of the unearned rent revenue was earned during the quarter. 3. Interest of $376 should be accrued on the notes payable. Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. (Credit occount titfes are automatically indented when the amount is entered. Do not indent manually.) Step by Step Solution
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