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i need journal entries for this and thanks for helping !. hope to get answer soon kindly give me the answer because i already did
i need journal entries for this
and thanks for helping !.
hope to get answer soon
kindly give me the answer because i already did half of it
The general ledger of Blue Ltd. on July 31,2024, included the following selected accounts before adjusting entries were prepared: An analysis of the company's accounts shows the following 1. The notes receivahle have an interest rate of 3% 2. Supplies on hand at the end of the month totalled $50,100 3. The balance in Prepaid Rent represents four months of rent costs. 4. Employees were owed $45,100 related to unpaid salaries. 5. Depreciation on buildings is $31,200 per year. 6. During the month, the company satisfed performance obligations worth $46,700 related to the Deferred Revenue 7. Unpaid maintenance and repairs costs were $44,300. Prepare the adjusting entries at July 31 , assuming the company prepares adjusting entries monthly. Use additional accounts as needed. (Credit account titles are autornatically indented when amount is entered. Do not indent manually tist all debit entries before credif entries. If no entry is required, select "No Entry' for the account titles and enter Ofor the amounts) Step by Step Solution
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