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PLease solve the worksheet including adjustments, adjusted trial balance, Income statement and Balance sheet Rating ASAP Urgent Required Please solve i will rate immediately. Insurance
PLease solve the worksheet including adjustments, adjusted trial balance, Income statement and Balance sheet
Rating ASAP
Urgent Required
Please solve i will rate immediately.
Insurance expense Interest expense Salaries expense Supplies expense Utilities expense Totals Profit Totals 7,010 116,600 13,400 $ Accounts payable Interest payable Unearned revenue Mortgage payable H. Harris, capital H. Harris, drawings Service revenue Depreciation expense Insurance expense Interest expense Salaries expense Supplies expense Utilities expense 7.800 23,350 183,360 62,400 102,500 244,795 7,010 116,600 Additional information: 1. The 12-month insurance policy was purchased on June 1, 2023. 2. A physical count of supplies shows $1,450 on hand on January 31,2024. 3. The building has an estimated useful life of 50 years. The equipment has an estimated useful life of nine years. 4. The mortgage payable has a 5% interest rate. Interest is paid on the first day of each month for the previous month's interest. 5. By January 31,2024,$1,440 of services related to the unearned revenue have been provided. 6. During the next fiscal year, $4,640 of the mortgage payable is to be paid. The unadjusted trial balance and adjustment data for Cullumber Cycle Repair Shop are providedStep by Step Solution
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