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Office Equipment 12,000 debit Office Supplies 2,400 debit Accounts Payable 14,400 credit For each of the following four separate cases, prepare adjusting entries required of
Office Equipment 12,000 debit
Office Supplies 2,400 debit
Accounts Payable 14,400 credit
For each of the following four separate cases, prepare adjusting entries required of financial statementsfor the year ended (date of) December 31, 2018. (Assume that prepaid expenses are initially recorded inasset accounts and that fees collected in advance of work are initially recorded as liabilities.).
Question A:
Wages of $9,000 are earned by workers but not paid as of December 31, 2018.
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