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Please solve questions 1-17 Problem 5-4A Adjusting entries and multi-step income statement-perpetu Use the unadjusted trial balance of Electric Bike on December 31, 2020, Credit
Please solve questions 1-17
Problem 5-4A Adjusting entries and multi-step income statement-perpetu Use the unadjusted trial balance of Electric Bike on December 31, 2020, Credit Debit $ 7,200 21,765 33,700 1,965 965 5,155 64,590 $ 12,755 7,100 Cash Accounts receivable Merchandise inventory Store supplies Office supplies Prepaid insurance Equipment Accumulated depreciation, equipment Accounts payable Salaries payable Braeden Li, capital Braeden Li, withdrawals Interest income Sales Sales returns and allowances Cost of goods sold Salaries expense Rent expense Supplies expense Depreciation expense, equipment Insurance expense Totals nces 156,295 57,500 220 524,500 4,170 380,260 95,400 28,200 0 0 0 $700,870 $790,870 Required: 1. Record adjusting entries for the following information. men ortimated to have a total estimated useful life of 10 Problem 5-4A Adjusting entries and multi-step income statement-perpetu Use the unadjusted trial balance of Electric Bike on December 31, 2020, Credit Debit $ 7,200 21,765 33,700 1,965 965 5,155 64,590 $ 12,755 7,100 Cash Accounts receivable Merchandise inventory Store supplies Office supplies Prepaid insurance Equipment Accumulated depreciation, equipment Accounts payable Salaries payable Braeden Li, capital Braeden Li, withdrawals Interest income Sales Sales returns and allowances Cost of goods sold Salaries expense Rent expense Supplies expense Depreciation expense, equipment Insurance expense Totals nces 156,295 57,500 220 524,500 4,170 380,260 95,400 28,200 0 0 0 $700,870 $790,870 Required: 1. Record adjusting entries for the following information. men ortimated to have a total estimated useful life of 10Step by Step Solution
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