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Prepare the journal entries for the adjustments that would be recorded on June 30,2021 , the end of the fiscal year for each of the

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Prepare the journal entries for the adjustments that would be recorded on June 30,2021 , the end of the fiscal year for each of the following. 1. The Supplies inventory on July 1,2020 was $6,570. Additional Supplies costing $14,200 were acquired during the year and placed in the Supplies account. A physical count of Supplies on June 30, 2021 amounted to \$7,500. Adjust for Supplies and Supplies Expense. 2. On April 1, 2021, a note was received from a customer. This is a $12,000,5%,8 month note. Adjust for Interest Revene and Interest Receivable. 3. On April 30, $18,000 was collected as rent for one year and credited to Unearned Rent. Adjust for Rent Revenue and Unearned Revenue Record these three Adjustments GENERAL JOURNAL

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