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B online - Principles of Accounting Prepare the required end-of-period adjusting entries for each independent case listed below. Case 1 Starr Company began the year

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B online - Principles of Accounting Prepare the required end-of-period adjusting entries for each independent case listed below. Case 1 Starr Company began the year with a $3,000 balance in the Office Supplies account. During the year, 58,500 worth of additional office supplies were purchased. A physical count of office supplies on hand at the end of the year revealed that $6,400 worth of office supplies had been used during the year. No adjusting entry has been made until year-end. Case 2 Eaton Company has a calendar year-end accounting period. On July 1, the company purchased office equipment for $30,000. It is estimated that the office equipment will depreciate $400 each month. No adjusting entry has been made until year-end. Case 3 Ward Realty is in the business of renting several apartment buildings and prepares monthly financial statements. It has been determined that 3 tenants in $600 per month apartments and one tenant in the $1,000 per month apartment had not paid their August rent as of August 31st

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