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Please solve 3. West Laboratory adjusts and closes its accounts at the end of each month.The following inform to month end adjustments (a) Office supplies
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3. West Laboratory adjusts and closes its accounts at the end of each month.The following inform to month end adjustments (a) Office supplies used (consumed) during the month amounted to $700. (b) The useful life of the medical equipment with a cost of $24 000 was estimated to be 10 years incur monthly depreciation expense. (c) Many patients pay in advance for major medical procedures. Fees of $6,000 were earned durin y performing procedures on patients who had paid in advance. d) Salaries earned by employees during the month but not yet recorded amounted to $2,800. e) On September 1, West Laboratory moved to new location and paid 2 month's rent in advance 500 each month) f) Medical procedures performed during the month but not yet billed or recorded amounted to $5 repare the adjusting entries required at the end of the month (12 points)Step by Step Solution
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