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Property Resources Company prepares quarterly financial statements. Presented below is the thurd quarter's trial balance as at September 30, 2021, before any adjustments have been

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Property Resources Company prepares quarterly financial statements. Presented below is the thurd quarter's trial balance as at September 30, 2021, before any adjustments have been made. The company prepares adjusting entries for every quarter. Property-Resources Company Trial Balance (Selected Accounts) September 30, 2021 (3 Quarter) Accounts title Debit Credit Supplies 3,200 Prepaid insurance 4,200 Equipment 16,200 Accumulated depreciation - Equipment 1,200 Buildings 30,000 Accumulated depreciation - Buildings 2,000 Notes Payables 15,000 Owner's Equity 30,000 Rent revenue 3,900 Unearned rent revenue 1,500 53,600 53,600 An analysis of the account shows the following: 1. A physical count of supplies revealed AED 1.400 on hand on September 30. 2. Insurance expires at the rate of AED150 per month 3. Equipment has been depreciated AED 275 per month and buildings being depreciated AED450 per month 4. The amount of unearned rent revenue that remains unearned at September 30 is AED700 5. Accrued salaries at September 30 is AED 2,450. REQUIRED: a. Journalize the adjusting entries as at September 30, b. Post the entries to ledger (for all affected accounts) (marks) [1 marks) c. Prepare adjusted Trial Balance as at September 30, (6 marks)

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