Question
Required i. Prepare the adjusting entries. ii. Prepare the adjusted trial balance. Additional information: a. Service revenues already earned but not yet collected, OMR 5,800.
Required i. Prepare the adjusting entries. ii. Prepare the adjusted trial balance.
Additional information: a. Service revenues already earned but not yet collected, OMR 5,800. b. Unearned Revenue on December 31, 2019 amounted to OMR 6,000. c. On October 1, 2019 Safa paid in advance OMR 28,500 for 6 months rent on the office building commencing that date. d. Office supplies on hand on December 31, 2019 amounted to OMR 3,200. e. On December 31, 2019, OMR 12,500 salaries have accrued. Question No. 3 Required: i. Prepare the adjusting entries. ii. Prepare the adjusted trial balance.
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