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Supplies Expense 18,500 Insurance Expense 1,680 178,300 178,300 The following information relates to the month-end adjustments: a. The equipment depreciates at a rate of 400
Supplies Expense 18,500 Insurance Expense 1,680 178,300 178,300 The following information relates to the month-end adjustments: a. The equipment depreciates at a rate of 400 per month b. Revenue received in advance that was earned in November total 5,000 c. Insurance expires at a rate of 840 per month d. The count of supplies on hand shows 1,150 of unused supplies on November 30 Adjusting entries. Journalize the necessary November 30 adjusting entries using the trial balance and additional information provided above. Omit explanations. Use appropriate account titles. 4 pts each First, you will need to create a table to complete this question. In Canvas, select the table icon as shown below to create the table. Supplies Expense 18,500 Insurance Expense 1,680 178,300 178,300 The following information relates to the month-end adjustments: a. The equipment depreciates at a rate of 400 per month b. Revenue received in advance that was earned in November total 5,000 c. Insurance expires at a rate of 840 per month d. The count of supplies on hand shows 1,150 of unused supplies on November 30 Adjusting entries. Journalize the necessary November 30 adjusting entries using the trial balance and additional information provided above. Omit explanations. Use appropriate account titles. 4 pts each First, you will need to create a table to complete this question. In Canvas, select the table icon as shown below to create the table
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