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Q1: Write the adjusting journal entries for Kitty Corp. on Dec 31, 2021, for the below situations. 60 marks a. The Supplies account had

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Q1: Write the adjusting journal entries for Kitty Corp. on Dec 31, 2021, for the below situations. 60 marks a. The Supplies account had a balance of $280 at the beginning of the year. During the year additional supplies were purchased for $620. On Dec 31, supplies on hand is $310. b. Kitty Corp. received $8,180 from customers on Sept 1 for service they will provide over the next one year. C. Kitty Corp. purchased an equipment on Jan 1, 2021 for $21,990 with useful life of 6 years. Write the depreciation journal entry for 2021. Account + Debit Credit +

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