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prepare adjustments needed according to the information above, and complete the worksheet Please refer to the worksheet below: Trial Balance Dr. Cr. $1,700 Adjustments Cr.
prepare adjustments needed according to the information above, and complete the worksheet
Please refer to the worksheet below: Trial Balance Dr. Cr. $1,700 Adjustments Cr. Adjusted Trial Balance Dr. Cr. Income Statement Dr. Balance Sheet Dr. Or. Dr. 8.500 100 7.500 $2,000 1,200 Account Title Cash Accounts receivable Supplies Equipment Accumulated depreciation Accounts payable Salary payable Unearned revenue Capital Drawing Service revenue Salary expense Supplies expense Depreciation expense 800 600 3,400 2.300 40,000 24,000 2,300 1,600 548,000 $48.000 - At year-end, the company has earned $2,000 of service revenue from a client, but has not yet completed the job, or received a payment. At year-end, the company owes $180 of salaries to its staff that it has not paid yet. At year-end, the company has only $20 of supplies left. At year-end, the company records $240 of depreciation expenseStep by Step Solution
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