Question
I am sorry but I cannot figure this out. The assignment is only half done I just could not figure this out on my own
I am sorry but I cannot figure this out. The assignment is only half done I just could not figure this out on my own thank you so much for your help! It ACCT212
Requirement #4: Prepareadjusting entries using the following information in the General Journal below. Show your calculations!
a) One month's insurance has expired.
b) The remaining inventory of repair supplies is $200.
c) The estimated depreciation on repair equipment is $120.
d) The estimated income taxes are $65.
Requirement #5: Post the adjusting entries on March 31 below to the General Ledger T-accounts and compute adjusted balances. Just add to the balances that are already listed.
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