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Question 6 of 7 The adjustments columns of the worksheet for Ivanhoe Company are shown below. Adjustments Account Titles Debit Credit Accounts Receivable 1.240
Question 6 of 7 The adjustments columns of the worksheet for Ivanhoe Company are shown below. Adjustments Account Titles Debit Credit Accounts Receivable 1.240 Prepaid Insurance 490 Accumulated Depreciation-Equipment 1,000 Salaries and Wages Payable 520 Service Revenue 1.240 Salaries and Wages Expense 520 Insurance Expense 490 Depreciation Expense 1,000 3.250 3.250 (al Prepare the adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually if no entry is required, select "No Entry for Account Titles and Explanation Debit Credit (To record service revenue on account) (To record expired insurance) (To record depreciation) (To record accrued salaries)
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