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how to journalize these adjusting entries? Reece Financial Services Co. Unadjusted Trial Balance July 31, 2049 Debit Balances Credit Balances Cash 4,800 43,530 8,120 Accounts
how to journalize these adjusting entries?
Reece Financial Services Co. Unadjusted Trial Balance July 31, 2049 Debit Balances Credit Balances Cash 4,800 43,530 8,120 Accounts Receivable Prepaid Insurance Supplies Land 2,210 128,010 230,980 156,420 Building Accumulated Depreciation-Building Equipment Accumulated Depreciation-Equipment Accounts Payable 153,840 111,410 13,650 Unearned Rent 7.750 80.000 170,900 16,970 368,910 Common Stock Retained Earnings Dividends Fees Earned Salaries and Wages Expense Utilities Expense Advertising Expense Repairs Expense Miscellaneous Expense 219,870 48.330 25,820 19.550 7,010 909,040 909.040 a mine year end adjustments are allow Depreciation of building for the year, $3,600. Depreciation of equipment for the year, $3,120. Accrued salaries and wages at July 31, $3,520. Unexpired insurance at July 31, $5,440. Fees earned but unbilled on July 31, $20,660. Supplies on hand at July 31, 5660 Rent unearned at July 31, $2,020. Required: 1. Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable; Rent Revenue; Insurance Expense; Depreciation Expense-Building; Depreciation Expense-Equipment; and Supplies Expense. If an amount box does not require an entry, leave it blank. Duly 31 31 31 31 31 31 31Step by Step Solution
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