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Please help me complete PART B , I have completed part A and provided the correct answers. The unadjusted trial balance for Crane Designs at
Please help me complete PART B, I have completed part A and provided the correct answers.
The unadjusted trial balance for Crane Designs at its year end, April 30, 2024, is as follows: Additional information: 1. $500 of the unearned revenue is to be recognized because the related gardening services have been provided by April 30 , 2024. 2. The equipment has an estimated useful life of eight years. 3. Interest on the note payable is due on the first day of each month for the previous month's interest. The note payable has a 6% annual interest rate. Your answer is correct. Crane Designs prepares adjusting entries monthly. Prepare adjusting entries for the month ended April 30, 2024. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)Step by Step Solution
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