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Provide adjusting entries at the end of month for the following events. Post them in to ledgers and Prepare Adjusted trial balance.Adjustments:One month rent has
Provide adjusting entries at the end of month for the following events. Post them in to ledgers and Prepare Adjusted trial balance.Adjustments:One month rent has expired.
- Wages are due for assistant's work.
- One month interest is due on Note.
- Provide depreciation on furniture @ 10% and on equipment @ 8% annually.
- Estimated tax liability is $ 5,200
- Office supplies on hand at the end of month is $90
- Company has provided service of $ 35,000 against advance receipt.
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