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question is below Pearson ACT - Sole Proprietorship - Profile 1 - Microsoft Edge X https://act.pearsoncmg.com/test-out/5 Fill in the t-accounts for each situation and label

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Pearson ACT - Sole Proprietorship - Profile 1 - Microsoft Edge X https://act.pearsoncmg.com/test-out/5 Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate the adjusted balance and use a Bal. post ooOO reference to show the ending balance of each account. The unadjusted balance of Office Supplies at Dec. 31 is $9,600 and at year end the office supplies on hand totaled $4,830. Adjustment Type: V Supplies Expense Office Supplies V V Depreciation for the current year includes Equipment, $2,200. The Accumulated Depreciation - Equipment unadjusted balance as of December 31 is $5,000. Type here to search O 9:53 AM 8/16/2020

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