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The ledger of Wildhurst Co. on March 31 of the current year includes the selected accounts, shown below, before quarterly adjusting entries have been prepared
The ledger of Wildhurst Co. on March 31 of the current year includes the selected accounts, shown below, before quarterly adjusting entries have been prepared
The ledger of Wildhorse Co, on March 31 of the current year includes the selected accounts, shown below, before a entries tuave been prepared. An analysis of the wccounts shews the followine 1. The equipment depreciates $300 per month 2. One-thind of the unearned rent revenue was earned durint the quarter: 3. Interest totaling $575isaccrutdonthenotespawablefortwequartec. 4. Supplies on tond total $790 5. Insurance expires at the rate of $900 per enonth. Prepare the adjustirgentries at Manch 31, asiuming that adjusting entries are made quarterly. Adificional sccounts sare Deppreciation entered. Donot indent manuallyJ Step by Step Solution
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