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Please help with the problem. Cash Accounts Receivable Cleaning Supplies Drepaid Insurance Office Equipment Accumulated Depreciation-Office Equip. Accounts Payable Nages Payable Jackson, Capital Jackson, Drawing
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Cash Accounts Receivable Cleaning Supplies Drepaid Insurance Office Equipment Accumulated Depreciation-Office Equip. Accounts Payable Nages Payable Jackson, Capital Jackson, Drawing Fees Earned Nages Expense Rent Expense Utilities Expense Cleaning Supplies Expense nsurance Expense Depreciation Expense-Office Equip Totals Net income or loss Totals Worksheet For the month ended December 31, 2022 Adjusting Entry information for December 31: A. Prepaid Insurance which has expired $450. B. Ending Balance of Cleaning Supplies Inventory is $1,750. C. Service Revenue earned but not yet received is $3,100. D. Depreciation on the Office Equipment for this year, $350. E. Wages accrued but not yet paid, $2,800. c) Journalize the adjusting entries using the worksheet as a basis. \begin{tabular}{|l|l|l|r|} \hline & & Debit & Credit \\ \hline \multirow{2}{*}{ A. } & Insurance Expense & 450 & \\ \cline { 2 - 5 } & Prepaid Insurance & & 450 \\ \hline \end{tabular} \begin{tabular}{|c|l|r|r|} \hline \multirow{2}{*}{ B. } & Cleaning Supplies Expense & 1,750 & \\ \cline { 2 - 4 } & Cleaning Supplies & & 1,750 \\ \hline \end{tabular} \begin{tabular}{|l|l|r|r|} \hline \multirow{2}{*}{ C. } & Accounts Receivable & 3,100 & \\ \cline { 2 - 4 } & Fees Earned & & 3,100 \\ \hline \end{tabular} \begin{tabular}{|c|l|l|l|} \hline \multirow{2}{*}{ D. } & Depreciation Expense-Office Equip & 350 & \\ \cline { 2 - 4 } & Accumulated Depreciation-Office Equip. & & 350 \\ \hline \end{tabular} \begin{tabular}{|c|l|r|r|} \hline \multirow{2}{*}{ E. } & Wages Expense & 2,800 & \\ \cline { 2 - 4 } & Wages Payable & & 2,800 \\ \hline \end{tabular} (d) Journalize the closing entries using the worksheet as a basis. Post-Closing Trial BalanceStep by Step Solution
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