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PR 3-2A Adjusting entries SHOW ME HOW debits Accounts Receivable Equipment Accumulated DepreciationEquipment Prepaid Rent Supplies Wages Payable Unearned Fees Fees Earned Wages Expense Rent
PR 3-2A Adjusting entries SHOW ME HOW debits Accounts Receivable Equipment Accumulated DepreciationEquipment Prepaid Rent Supplies Wages Payable Unearned Fees Fees Earned Wages Expense Rent Expense Depreciation Expense Supplies Expense Data needed for year-end adjustments are as follows: Unbilled fees at July 31, $11,150. Supplies on hand at July 31, $900. Rent expired, $6,000. Depreciation of equipment during year, $8,950. Unearned fees at July 31, $2,000. Wages accrued but not paid at July 31, $4,840. Instructions 1. Journalize the six adjusting entries required at July 31, based on the data presented. 2. What would be the effect on the income statement if the adjustments for unbilled fees and accrued wages were omitted at the
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