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The ledger of Whispering Winds Lake Lumber Supply on July 31, 2025, includes the selected accounts below before adjusting entries have been prepared. An analysis

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The ledger of Whispering Winds Lake Lumber Supply on July 31, 2025, includes the selected accounts below before adjusting entries have been prepared. An analysis of the company's accounts shows the following: 1. The investment in the notes recelvable earns interest at a rate of 6% per year. 2. Supplies on hand at the end of the month totaled $15,000. 3. The balance in Prepaid Rent represents 4 months of rent costs. 4. Employees were owed $3,100 related to unpaid salaries and wages. An analysis of the company's accounts shows the following. 1. The investment in the notes receivable earns interest at a rate of 6% per year. 2. Supplies on hand at the end of the month totaled $15,000. 3. The balance in Prepaid Rent represents 4 months of rent costs. 4. Employees were owed $3,100 related to unpaid salaries and wages. 5. Depreciation on buildings is $6,240 per year. 6. During the month, the company satisfied obligations worth $4,850 related to the Unearned Service Revenue. 7. Unpaid maintenance and repairs costs were $2,000. Prepare the adjusting entries at July 31 assuming that adjusting entries are made monthly. Use additional accounts as debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. titles are automatically indented when the amount is entered. Do not indent manually.)

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