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The trial balances before and after adjustment for Frinzi Company at the end of its fiscal year is presented below. Frinzi Company Trial Balance August

The trial balances before and after adjustment for Frinzi Company at the end of its fiscal year is

presented below.

Frinzi Company

Trial Balance

August 31, 2020

Account Titles Before Adjustment After Adjustment

Dr. Cr. Dr. Cr.

Cash $10,400 $10,400

Accounts Receivable 8,800 10,800

Supplies 2,300 900

Prepaid Insurance 4,000 2,500

Equipment 14,000 14,000

Accumulated DepreciationEquipment $ 3,600 $ 4,500

Accounts Payable 5,800 5,800

Salaries and Wages Payable -0- 1,100

Unearned Rent Revenue 1,500 600

Common Stock 12,000 12,000

Retained Earnings 3,600 3,600

Service Revenue 34,000 36,000

Rent Revenue 11,000 11,900

Salaries and Wages Expense 17,000 18,100

Supplies Expense -0- 1,400

Rent Expense 15,000 15,000

Insurance Expense -0- 1,500

Depreciation Expense -0- 900

$71,500

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$71,500

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$75,500

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$75,500

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Instructions:

Prepare the adjusting entries that were made.

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