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Prepare adjusting entries for the following items: 1. Supplies of $400 are on hand. Supplies account shows $1,600 balance. 2. Services performed but unbilled total
Prepare adjusting entries for the following items:
1. Supplies of $400 are on hand. Supplies account shows $1,600 balance.
2. Services performed but unbilled total $700.
3. Interest of $300 has accumulated on a note payable.
4. Rent collected in advance totaling $1,100 has been earned.
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