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need help asap song.com Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate the adjusted balance and use
need help asap
song.com Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate the adjusted balance and use a Bal. post reference to show the ending balance of each account. Customers were billed for $3,900 for work completed. The Service Revenue unadjusted balance as of December 31 is $5,600 Adjustment Type: Service Revenue Accounts Receivable Used prepaid insurance of $4,150. The Prepaid insurance unadjusted balance as of December 31 is $9,000 Adjustment Type: Insurance Expense Prepaid Insurance Used office supplies of $1,040. The Office Supplies unadjusted balance on December 31 is $8,200, Adjustment Type Supplies Expense Office Supplies Step by Step Solution
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