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Requirement #4: Prepare adjusting entries using the following information in the General Journal below. Show your calculations! aj One month's Insurance has expired. b) The

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Requirement #4: Prepare adjusting entries using the following information in the General Journal below. Show your calculations! aj One month's Insurance has expired. b) The remaining inventory of repair supplies is $250. c) The estimated depreciation on repair equipment is $160. d) The estimated Income taxes are $95. Requirement #5: Post the adjusting entries on July 31 below to the General Ledger T-accounts (Step 2) and compute adjusted balances. Just add to the balances that are already listed. Requirement 4 Requirement #4: Prepare adjusting entries using the following information in the General Journal below. Show your calculations! aj One month's Insurance has expired. b) The remaining inventory of repair supplies is $250. c) The estimated depreciation on repair equipment is $160. d) The estimated Income taxes are $95. Requirement #5: Post the adjusting entries on July 31 below to the General Ledger T-accounts (Step 2) and compute adjusted balances. Just add to the balances that are already listed. Requirement 4

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