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Need NOWWW Sandhill Comparry provides property management services to a variety of companies. At its fiscal year end on April 30, 2024, adfustments were required
Need NOWWW
Sandhill Comparry provides property management services to a variety of companies. At its fiscal year end on April 30, 2024, adfustments were required for the following items: 1. Services of $660 were prowided but not recorded or collected. 2. Of the balance in the Unearned Revenue account, $340 of services have been provided. 3. Depreciation expense for the year ended April 30, 2024, was \$5,200. 4. Interest of $545 on a note paryable had accrued. 5. Prepaid insurance of $495 had expired. 6. Property taxes for the calendar vear are payable every vear on June 30 . The company estimated property taocs for 2024 to be $3,948. (a) Your Answer Correct Answer (Used) Your answer is partially correct. Identify the adjustments for which it could be useful to prepare reversing entries. Select Yes for the acjustments which it could be useful to prepare reversing entries and No which is not useful. Adjustment 1 Adjustment 2 Adjustment 3 Ad/ustment 4 Adjustment 5 Adjustment 6 eTextbook and Media Solution List of Accounts Attempts: 1 of 1 used Question Part Score 2/3 (b) Prepare these reversing entries on May 1,2024. (Credit account titles are automatically indented when amount is entered. Do not indent manually If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.)Step by Step Solution
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