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Question 8 of 10 - / 10 The adjustments columns of the worksheet for Sheridan Company are shown below. Adjustments Debit Credit 250 1,000 Account

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Question 8 of 10 - / 10 The adjustments columns of the worksheet for Sheridan Company are shown below. Adjustments Debit Credit 250 1,000 Account Titles Prepaid Insurance Accumulated Depreciation-Equipment Salaries and Wages Payable Depreciation Expense Insurance Expense Salaries and Wages Expense 490 1,000 250 490 1,740 1.740 Prepare the adjusting entries. (Credit account titles are automatically Indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit Accounts Receivable Prepaid Insurance (To record expired insurance) Accumulated Depreciation Equipment Salaries and Wages Payable 1.000 (To record depreciation) Service Revenue 1.000 490 Salaries and Wages Expense (To record accrued salaries) 420

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