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Information taken from the trial balance for Poppy Engineering Agency is below. Using the following adjustment data, prepare the adjusting entries on October 31. Supplies
Information taken from the trial balance for Poppy Engineering Agency is below. Using the following adjustment data, prepare the adjusting entries on October 31. Supplies on hand at October 31 total $500. Expired insurance for the month is $100. Depreciation on equipment for the month is $50. Services related to unearned service revenue in October worth $600 were performed. Services performed on account at October 31 are $300. Interest accrued at October 31 is $95. Accrued salaries at October 31 are $1, 625. Depreciation on the building for the month is $1,000
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