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Prepare the adjusting entries that should be made by Scotsman Company on September 30. us.com/edugen/student/mainfr.uni US weyogand. Financial & Managerial Accounting 2e & Practice Assignment

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us.com/edugen/student/mainfr.uni US weyogand. Financial & Managerial Accounting 2e & Practice Assignment Gradebook ORION Downloadable eTextbook ssignment Additional Exercise 229 Scotsman Company prepares monthly financial statements. Below are listed some selected accounts and their balances in the September 30 trial bala SCOTSMAN COMPANY Trial Balance (Selected Accounts) September 30, 2015 Debit Credit $3,200 4,200 Prepaid Insurance Equipment Accumulated Depreciation-Equipment Unearned Rent Revenue 16,200 $1,0 1,200 (Note: Debit column does not equal credit column because this is a partial listing of selected account balances) An analysis of the account balances by the company's accountant provided the following additional information: 1. A physical count of supplies revealed $1,000 on hand on September 30. 2. A two-year life insurance policy was purchased on June 1 for $4,800. 3. Equipment depreciated $3,000 per year. 4. The amount of rent received in advance that remains uneamed at September 30 is $500. Using the above additional information, prepare the adjusting entries that should be made by Scotsman Company on September 30 select "No Entry for the account titles and enter 0 for the amounts.) . (Credit acc

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