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Prepare the following adjusting entries in proper form with explanations for August 2017. If there is no entry to be made write NO ENTRY a.

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Prepare the following adjusting entries in proper form with explanations for August 2017. If there is no entry to be made write NO ENTRY a. Depreciation on office equipment is $350.00 for the month of August. Record the depreciation. 14. b. There were $1,500.00 of office supplies at the end of July. Purchases of office supplies during August were $750.00. At the end of August, there were $640.00 of supplies left. Record what was used. c. Prepaid rent had a balance of $8,000 at the end of July. Twenty-five percent of this was used in August. Record the rent that expired/ was used in August. Fees of $70,000 were received in advance on August 1st. uneamed. Record what has been earned in August d. At the end of August, 6096 were still e. Payroll for the five-day work week, which is paid every Friday is $15,000. August 31st, last day of the month) is a Thursday. Record the the balance of August that has not been paid f. The company ordered new office furniture on August 15th from Office Depot that will cost $2,530. It has not been delivered

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