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Required information [The following information applies to the questions displayed below.) Dyer, Inc, completed its first year of operations on December 31, 2018. Because this

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Required information [The following information applies to the questions displayed below.) Dyer, Inc, completed its first year of operations on December 31, 2018. Because this is the end of the annual accounting period, the company bookkeeper prepared the following preliminary income statement: $118,500 Income statement 2018 Rent Revenue Expenses Salaries and Wages Expense $29.400 Repairs and Maintenance Expense 13,900 Rent Expense 9.900 Utilities Expense 4.900 Travel Expense 3,900 Total Expenses Income 62,000 $ 56,500 You are an independent CPA hired by the company to audit the firm's accounting systems and financial statements. In your audit, you developed additional data as follows: a. Wages for the last three days of December amounting to $400 were not recorded or paid, b. The $490 telephone bill for December 2018 has not been recorded or paid. c Depreciation of equipment amounting to $23,900 for 2018 was not recorded, d. Interest of $590 was not recorded on the notes payable by Dyer, Inc. e. The Rental Revenue account includes $4900 of revenue to be earned in January 2019. Supplies costing $690 were used during 2018, but this has not yet been recorded. g. The income tax expense for 2018 is $7.900, but it won't actually be paid until 2019, Required: 1. Prepare adjusting journal entry for each item through should be recorded at December 31, 2018. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

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