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journalize any necessary reversing entries Journalize any necessary reversing entries for Lucas Architects Hint. You will need 2 entries Accounts and Explanation Date Jan 1
journalize any necessary reversing entries
Journalize any necessary reversing entries for Lucas Architects Hint. You will need 2 entries Accounts and Explanation Date Jan 1 Debit Credit To reverse accrued revenue. 1 To reverse accrued salaries, 7 A E4A-27 Journalizing reversing entries Lucas Architects recorded the following adjusting entries as of December 31: a. Service Revenue accrued, $2,600. b. Unearned Revenue that has been earned, $1,300. c. Office Supplies on hand, $530. The balance of the Office Supplies account was $880. d. Salaries owed to employees, $600. e. One month of Prepaid Rent has expired, $3,100. f. Depreciation on equipment, $1,075. Journalize any necessary reversing entries for Lucas ArchitectsStep by Step Solution
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