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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.

  1. Wages are due for assistant's work.
  2. One month interest is due on Note.
  3. Provide depreciation on furniture @ 10% and on equipment @ 8% annually.
  4. Estimated tax liability is $ 5,200
  5. Office supplies on hand at the end of month is $90
  6. Company has provided service of $ 35,000 against advance receipt.

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