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QUESTION 7 LO 3.3) Prob.2. At December 31, 2021, Beerbo has the following accounts and balances appearing in its ledger: Account Balance ($) Accounts
QUESTION 7 LO 3.3) Prob.2. At December 31, 2021, Beerbo has the following accounts and balances appearing in its ledger: Account Balance ($) Accounts payable........... 380 Accounts receivable... 370 Accumulated depreciation-building......... 130 Accumulated depreciation-furniture and fixtures 40 Building........ 250 Cash......... 198 Common stock...... 100 Depreciation expense-building ..... Depreciation expense-furniture and fixtures.. Dividends.......... Furniture and fixtures.... 0 0 65 100 Income tax expense... 0 0 13 193 172 0 286 0 .6 Unearned service revenue... 45 Income tax payable......... Miscellaneous expense.. Retained earnings..... Salaries expense... Salaries payable... Service revenue.. Supplies expense.. Supplies............. LO 3.3) Prob.2.b. Upon examination of the account balances above, Beerbo determined that certain accounts must be adjusted prior to producing the financial statements. Use the information below to input the necessary adjusting journal entry (AJE). Supplies remaining on-hand at the end of the year totaled $2. DR. . $ CR.
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