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Selected account balances before adjustment for Oval Realty at April 30, 2010, the end of the current year, are shown at the top of the
- Selected account balances before adjustment for Oval Realty at April 30, 2010, the end of the current year, are shown at the top of the next page. A/R debited for $65000 Accumulated Depreciation credited for $10,000 Depreciation Expense Debit unknown Equipment debited 100000 Fees Earn credited 379500 Prepaid rent Debited 8200 Rent Expense debited unknown Supplies Debited 1,950 Supplies Expense debited unknown Unearned fees debited unknown Wages expense credited 9000 Data that needs for one year-end adjustment are as follows: Supplies on had at April 30, $600 Depreciation of equipment during year, $1000 Rent expired during year, $6000 Wages accrued but not paid at April 30, $1900 Unearned fees at April 30, $3750 Unbilled fees at April 30, $4,500 Instruction: Journalize the six adjusting entries required at April 30, based on the data presented.
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