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Selected account balances before adjustment for Intuit Realty at November 30, the end of the current year, follow: Accounts Receivable Equipment Accumulated Depreciation-Equipment Prepaid Rent

Selected account balances before adjustment for Intuit Realty at November 30, the end of the current year, follow: Accounts Receivable Equipment Accumulated Depreciation-Equipment Prepaid Rent Supplies Wages Payable Unearned Fees Fees Earned Wages Expense Rent Expense Depreciation Expense Supplies Expense Data needed for year-end adjustments are as follows: Supplies on hand at November 30, $550. Depreciation of equipment during year, $1,675. Rent expired during year, $8,500. Wages accrued but not paid at November 30, $2,000. Unearned fees at November 30, $4,000. Unbilled fees at November 30, $5,380. . . . . Debits $75,000 250,000 12,000 3,170 140,000 Credits $12,000 10,000 400,000
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1. Journalize the six adjustang entries required at November 30 , based on the data presented. If an-amount box does not require an-entry, leave it blank. Nov. 30 30 30 30 30 30 Selected account balances before adjustment for Intuit Realty at November 30 , the end of the current year, follow: Data needed for year-end adjustments are as follows: - Supplies on hand at November 30,5550. - Depreciation of equipment during vear, \$1,675. - Rent expered during year, $8,500. - Wages accrued but not paid at November 30, $2,000. - Unearned fees at November 30, $4,000. - Unbulled fees at November 30,$5,380. 2. What would be the effect on the income statement if the adjustments for equipment depreaation and uncarned fees were omitted at the end of the year? tnter all ameunts as positive numbers. 3. What would be the effect on the balance sheet if the adjustments for equipment depreciation and unearned fees were omitted at the end of the year? Enter all amounts as positive numbers: 4. What would be the eftect on "Net increase or decrease in cash" on the statement of cash flows if the adjustments for equipment depreciation and unearned fees were amitted at the end of the year

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