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Question 1:(15 points) The following appear on the work sheet of Fatma company: A. Supplies inventory on 1/1/2011 was $567; on 12/31/2011 it was $284.

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Question 1:(15 points) The following appear on the work sheet of Fatma company: A. Supplies inventory on 1/1/2011 was $567; on 12/31/2011 it was $284. B. On 1/10/20 C. On 1/3/2011 the company purchase an Truck for $25,000 in cash. The estimated useful life of the asset is 5 years, and estimated residual value is $5,000. The company uses straight-line l1 the company paid totaled $7,800 insurance in advance for six month. depreciation method D. Salaries earned but not yet paid on 12/31/2011 were $5,239. Required Write the journal entry adjustments for the above events for the year 2011: Dat Accounts Debit sredit

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