Question
Please prepare a Adjusting entries for the following transactions: a) Wages unpaid at the end of the month were $300. b) JS Started the period
Please prepare a Adjusting entries for the following transactions:
a) Wages unpaid at the end of the month were $300.
b) JS Started the period with $800 of supplies on hand. At the end of the period an analysis
revealed a balance of $200.
c) Services performed but not yet billed $1,200.
d) Rent expired during the period $2,000
e) Depreciation on equipment for the period was $700.
f) Of the $700 received in advance for services to be performed, $150 has been earned.
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
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