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Prepare the December 31 adjusting entries based on the following information. 1. Revenue accrued but unbilled total $4,500. 2. The supplies account balance on December
Prepare the December 31 adjusting entries based on the following information.
1. Revenue accrued but unbilled total $4,500.
2. The supplies account balance on December 31 is $5,250. Supplies on hand are $2,250.
3. Wages accrued but not paid are $3,500.
4. Equipment depreciation is $2,200.
5. Insurance expired during year, $1,000.
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