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On August 31, 2015, the following data were accumulated to assist the accountant in preparing the adjusting entries for X business group: a. Fees accrued

  • On August 31, 2015, the following data were accumulated to assist the accountant in preparing the adjusting entries for X business group: a. Fees accrued but unbilled at August 31 are Birr 7,100. b. The supplies account balance on August 31 is Birr 3,010. The supplies on hand at August 31 are Birr1150. c. Wages accrued but not paid at August 31 are Birr1380. d. The unearned rent account balance at August 31 is Birr 4,950, representing the receipt of an advance payment on August 1 of three months’ rent from tenants. e. Depreciation of office equipment is Birr $1,120. Instructions:-Journalize the adjusting entries required at August 31, 2015

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