QUESTION 1 Adjusting entries and analysis Formal Alterations is run by Marcie Craig in the local shopping centre The business prepared the following unadjusted and adjusted trial balances at 30 June 2022 Account Cash Accounts receivable Supplies Prepaid insurance Office furniture Accumulated depreciation Accounts payable Salaries and wages payable Interest payable Loan payable Unearned services revenue FORMAL ALTERATIONS Trial balances as at 30 June 2022 Trial balance Adjusted trial balance Debit Credit Debit Credit $ 10 100 31520 3 050 6160 60 560 $ 23 020 17 680 33 600 4030 $ 10 100 33 850 2 180 3720 60 560 $ 29 400 17 680 2690 980 33 600 2690

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QUESTION 1 Adjusting entries and analysis Formal Alterations is run by Marcie Craig in the local...

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Fundamental accounting principle

ISBN: 978-0078025587

21st edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

Posted Date: May 26, 2024 03:07 PM

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QUESTION 1 Adjusting entries and analysis Formal Alterations is run by Marcie Craig in the local...

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Fundamental accounting principle

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