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Please enter the following information, taken at year-end, in the trial balance by entering the letter (on the left) and amount (on the right) of
Please enter the following information, taken at year-end, in the trial balance by entering the letter (on the left) and amount (on the right) of each adjustment in the 'Adjustments' column, for the appropriate accounts. Then fill in the 'Adjusted Trial Balance' column with the balances of each account.
- Courtland Corp. purchased equipment in a previous year for $36,700 and expects to scrap this equipment after four years due to technological obsolescence.
- The yearly depreciation on the furniture is $800.
- $6,100 of property taxes have accrued and are unrecorded.
- A building Courtland Corp. owns is rented out for $4,000 each month. The current month's rent has not been received by year-end.
- $4,850 of the television advertising paid for in advance has been used.
- Of the $7,900 consulting fees Courtland Corp. received in advance, $5,100 has not yet been earned.
- $770 of interest has accrued on a note payable and is unrecorded.
- The estimated yearly depreciation on the building is $600.
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