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plz check complete and check answers. i provided the unadjusted trial balance b) Prepare the appropriate adjusting entries on September 30,2024 . Hint: Some additional
plz check complete and check answers. i provided the unadjusted trial balance
b) Prepare the appropriate adjusting entries on September 30,2024 . Hint: Some additional information is provided below but where else might you look to find details relevant to preparing the adjusting entries? - It is estimated that utilities used during September totalled $11,480. - Actual count of ending merchandise inventory on September 30, 2024 was $1,777,810. estimate please round your final answer to the nearest whole dollar. - Income taxes are estimated to be $238,300. \begin{tabular}{|c|c|c|} \hline \begin{tabular}{c} Oppong Corporation \\ Unadjusted Trial Balance \\ September 30,2024 \end{tabular} & & \\ \hline Cash & \begin{tabular}{c} Debit \\ 1,299,382.50 \end{tabular} & Credit \\ \hline Accounts receivable & 865,200 & \\ \hline Allowance for doubtful accounts & 191,224 & \\ \hline Notes receivable & 44,355 & \\ \hline Merchandise inventory & 1,911,624 & \\ \hline Prepaid insurance & 29,000 & \\ \hline Office furniture & 10,000 & \\ \hline Accounts payable & & 319,200 \\ \hline Common shares & & 82,500 \\ \hline Retained earnings & & 2,355,251 \\ \hline Cash dividends declared & 26,400 & \\ \hline Interest earned & & 112.50 \\ \hline Sales & & 2,863,400 \\ \hline Sales discounts & 39,964 & \\ \hline Cost of goods sold & 1,108,766 & \\ \hline Office salaries expense & 20,000 & \\ \hline Sales salaries expense & 70,000 & \\ \hline Rent expense, office space & 3,000 & \\ \hline Rent expense, selling space & 2,000 & \\ \hline Gain on sale of property, plant and equipment assets & & 452 \\ \hline Totals & 5,620,915.50 & 5,620,915.50 \\ \hline \end{tabular} Additional Information: The NSF cheque was received in August from XYZ Corporation for a sale dated August 15. b) Prepare the appropriate adjusting entries on September 30,2024 . Hint: Some additional information is provided below but where else might you look to find details relevant to preparing the adjusting entries? - It is estimated that utilities used during September totalled $11,480. - Actual count of ending merchandise inventory on September 30, 2024 was $1,777,810. estimate please round your final answer to the nearest whole dollar. - Income taxes are estimated to be $238,300. \begin{tabular}{|c|c|c|} \hline \begin{tabular}{c} Oppong Corporation \\ Unadjusted Trial Balance \\ September 30,2024 \end{tabular} & & \\ \hline Cash & \begin{tabular}{c} Debit \\ 1,299,382.50 \end{tabular} & Credit \\ \hline Accounts receivable & 865,200 & \\ \hline Allowance for doubtful accounts & 191,224 & \\ \hline Notes receivable & 44,355 & \\ \hline Merchandise inventory & 1,911,624 & \\ \hline Prepaid insurance & 29,000 & \\ \hline Office furniture & 10,000 & \\ \hline Accounts payable & & 319,200 \\ \hline Common shares & & 82,500 \\ \hline Retained earnings & & 2,355,251 \\ \hline Cash dividends declared & 26,400 & \\ \hline Interest earned & & 112.50 \\ \hline Sales & & 2,863,400 \\ \hline Sales discounts & 39,964 & \\ \hline Cost of goods sold & 1,108,766 & \\ \hline Office salaries expense & 20,000 & \\ \hline Sales salaries expense & 70,000 & \\ \hline Rent expense, office space & 3,000 & \\ \hline Rent expense, selling space & 2,000 & \\ \hline Gain on sale of property, plant and equipment assets & & 452 \\ \hline Totals & 5,620,915.50 & 5,620,915.50 \\ \hline \end{tabular} Additional Information: The NSF cheque was received in August from XYZ Corporation for a sale dated August 15Step by Step Solution
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