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On January 1 , 2 0 2 4 , the general ledger of a company includes the following account balances: During January 2 0 2
On January the general ledger of a company includes the following account balances:
During January the following transactions occur:
Information for adjusting entries:
a Depreciation on the equipment for the month of January is calculated using the straightline method.
b The company records an adjusting entry for $ for estimated future uncollectible accounts.
c The company has accrued interest on notes receivable for January.
d Unpaid salaries owed to employees at the end of January are $
e The company accrued income taxes at the end of January $
Required:
Record each of the transactions listed above.
Record the adiustinc entries on Januarv for the above transactions.
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