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Northstar Corp. is just finishing another year of operations. The company's unadjusted trial balance at July 31, 2023 is shown below. The following additional information

image text in transcribed Northstar Corp. is just finishing another year of operations. The company's unadjusted trial balance at July 31, 2023 is shown below. The following additional information is ava ended : a. A review of the unadjusted balance in the supplies account shows a balance on hand at the end of the year of $3,500. b. The Equipment was purchased in a previous year and will be worthless after four years. c. Consulting work performed but unrecorded at the end of the year totalled $10,000. d. The yearly depreciation on the furniture is $450. e. This year's advertising bill for $4,000 is unrecorded and unpaid. f. Of the rent paid to Northstar Corp. in advance, $250 has been earned. g. Property taxes of $3,100 have accrued but are unrecorded. h. $1,900 of interest has accrued on a note payable and is unrecorded. Use this information to prepare adjusting entries at July 31, 2023, based on the above. Enter the adjustment letter as the description. The dates must be entered in the form Northstar Corp. Unadjusted Trial Balance Date General Journal Account/Explanation July 31, 2023 Debit Credit 31/Jul Depreciation Expense, Furniture Accumulated Depreciation, Furniture F Debit 450 Page GJ8 Credit 450 Accounts Payable 350 Accounts Receivable 0 31/Jul Supplies Expense 3,500 Accumulated Depreciation, Equipment 7,025 Supplies 3,500 Accumulated Depreciation, Furniture 3,300 Advertising Expense 11,900 Advertising Payable 0 31/Jul Depreciation Expense, Equipment Accumulated Depreciation, Equipment Share Capital 116 000 10C Clear

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