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?The following are the account balances at the end of the first month of business before adjusting entrieswere made:Accounts PayableAccounts ReceivableCashConsulting RevenueEquipmentCommon StockDividendsPrepaid RentSupplies$ 3
?The following are the account balances at the end of the first month of business before adjusting entrieswere made:Accounts PayableAccounts ReceivableCashConsulting RevenueEquipmentCommon StockDividendsPrepaid RentSupplies$Adjustment data:Supplies on hand at the end of the month, $Unbilled consulting revenue, $Rent expense for the month, $Depreciation on equipment, $a ?Journalize the required adjusting entries. If an amount box does not require an entry, leave it blank.
(Ch. 3 and 4) hes started JJJ Consulting on January 1. The following are the account balances at the end of the first month of business before adjusting entries were made: Accounts Payable $300 Accounts Receivable 750 Cash 6,300 Consulting Revenue 4,925 Equipment 7,000 Common Stock 15,000 Dividends 1,375 Prepaid Rent 4,000 800 Supplies Adjustment data: 1. Supplies on hand at the end of the month, $200 2. Unbilled consulting revenue, $700 3. Rent expense for the month, $1,000 4. Depreciation on equipment, $90 a. Journalize the required adjusting entries. If an amount box does not require an entry, leave it blank.
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