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q6 balanch Company prepares monthiy financial statementu. Helow are fisted some selected accounts and their Septances in the September 30 trial balance before any adjustments
q6
balanch Company prepares monthiy financial statementu. Helow are fisted some selected accounts and their Septances in the September 30 trial balance before any adjustments have been made for the month of WELCH COMPANY Trial Balance (Solocted Accounts) September 30,2004 the vecause thus is a partial listing of selected account balances) infornation: 1. A physical count of office supplies evealed accountant provided the following additional 2. A two-year life insurance pupplies revealed $1,000 on hand on September 30 . 3. Office equipment depreciated $6,000 per year. 4. The amount of rent received in advance year. 4. The amount of rent reccived in advance that remains unearned at September 30 is $500. Instructions Using the above additional information, prepare the adjusting entries that should be made by Welch Company n September 30 Step by Step Solution
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