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P3-33A (similar to) Littleton Landscaping has collected the following data for the December 31 adjusting entries: (Click the icon to view the independent cases.) Read

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P3-33A (similar to) Littleton Landscaping has collected the following data for the December 31 adjusting entries: (Click the icon to view the independent cases.) Read the requirements. Requirement 1. Journalize the adjusting entry needed on December 31 for each of the items affecting Littleton last line of the journal entry table.) a. Each Friday, Littleton pays employees for the current week's work. The amount of the weekly payroll is $5,00 Date Accounts and Explanation Debit Credit Dec 31 More Info - X g Littleton its. Select oll is $5,00 Hry 2 dit a. Each Friday, Littleton pays employees for the current week's work. The amount of the weekly payroll is $5,000 for a five-day workweek. This year December 31 falls on a Wednesday, Littleton will pay its employees on January 2 b. On January 1 of the current year, Littleton purchases an insurance policy that covers two years, $3,000 c. The beginning balance of Office Supplies was $3,700. During the year, Littleton purchased office supplies for $5,600, and December 31 the office supplies on hand total $2,700 d. During December, Littleton designed a landscape plan and the client prepaid $3,000. Littleton recorded this amount as Unearned Revenue. The job will take several months to complete, and Littleton estimates that the company has earned 40% of the total revenue during the current year At December 31, Littleton had earned $4,200 for landscape services completed for Move In Appliances. Move In has stated that it will pay Littleton on January 10 1. Depreciation for the current year includes Equipment, $3,900, and Trucks, $1,200 9. Littleton has incurred $450 of interest expense on a $700 interest payment due on January 15 e. Print Done

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