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Company A Unadjusted Trial Balance January 31, 2018 Credit Debit $3,000 3,000 1,200 Cash Equipment Prepaid Insurance Accounts Payable Unearned Revenue Notes Payable Common Stock
Company A Unadjusted Trial Balance January 31, 2018 Credit Debit $3,000 3,000 1,200 Cash Equipment Prepaid Insurance Accounts Payable Unearned Revenue Notes Payable Common Stock Service Revenue Dividends Total $2,000 2,000 6,000 2,200 1,000 6,000 $13,200 $13,200 An analysis of the accounts shows the following end of month adjustments. For each transaction, find correct journal entries. The depreciation expense on equipment ($500) incurred in January O Debit: depreciation expense $500 Credit: accumulated depreciation $500 Debit: depreciation expense $500 Credit: equipment $500 O Debit: equipment $500 Credit: depreciation expense $500 Debit: accumulated depreciation $500 Credit: depreciation expense $500
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