Question
n November 1, 2014, the account balances before adjustment of Beck Equipment Repair, Inc. were as follows. Cash 4,880 Accumulated DepreciationEquipment 2,100 Accounts Receivable 3,520
n November 1, 2014, the account balances before adjustment of Beck Equipment Repair, Inc. were as follows.
Cash 4,880 Accumulated DepreciationEquipment 2,100 Accounts Receivable 3,520 Accounts Payable 3,400 Supplies 2,000 Unearned Service Revenue 1,400 Equipment 15,000 Prepaid Rent 3,000 Salaries and Wages Payable 500 Adjustments: 1. Supplies on hand 1,700. 2. Accrued salaries payable 400. 3. Depreciation is 140 per month. 4. Unearned service revenue of 1,450 is recognized for services performed. 5. Prepaid rent expire 500 per month 6. accrued revenues for service performed is 800 Required: 1. Prepare required adjusting entries 2. prepare adjusted trial balance
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