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The following trial balances are before and after adjustment for Sandhill Company at the end of its fiscal year. table [ [ table
The following trial balances are before and after adjustment for Sandhill Company at the end of its fiscal year.
tabletableSANDHILL COMPANYTrial BalanceAugust Before Adjustment,After AdjustmentDrCr DrCr Cash$$Accounts Receivable,SuppliesPrepaid Insurance,EquipmentAccumulated DepreciationEquipment,,$$Accounts Payable,,Salaries and Wages Payable,,Unearned Rent Revenue,,Common Stock,,Retained Earnings,,DividendsService Revenue,,Rent Revenue,,Salaries and Wages Expense,Supplies Expense,Rent Expense,Insurance Expense,Depreciation Expense,$$$$
Prepare the adjusting entries that were made. List all debit entries before credit entries. If no entry is required, select No
Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.
Date Account Titles and Explanation Debit Credit
To record the service revenue
Aug.
To record the supplies expense
Aug.
To record the insurance expense
Aug.
To record depreciation expense
Aug.
To record salaries and wages expense
Aug.
To record rent revenue
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