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what are the adjusting entries and general journals? The (Your lane) Company is a business. The business uses the accrual basie of accoun prepares finanoial

what are the adjusting entries and general journals?
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The (Your lane) Company is a business. The business uses the accrual basie of accoun prepares finanoial statements monthly. A ohart of scooun corporation. The business is a consulting for the busineas is packat. A trial balanos for the business on Tobroary 28, 25 ia also inoluded in this packet The business entered into the following transactions dur 1. On March 1 the business paid 750 forovapaper advert 2. On Harch the business purchased supplies on nions during Maroh of 2019 the purchase in the aupplies socount for services to be provided. Reoord the receipt in the unearned e Maroh 9 in the anount of $11,200 of 600 provided that vere previously billed March 23 in the anount of $11,200 provided that were not previously billed. in the amount of $21,000 Reoord for $6,200. Reoord 3. On March 8 the business l1eeted $10,000 Erom clienta as adance pay ent 4. On March 9 the busineas paid salarien for the two-woak period eoding S. On Maroh 11 the business paid the utility bi11 for Tebruary in the anount 6. On Maroh 15 the business collected $13,000 m elienta for servioes 7. On March 23 the business paid salaries for the two-weak poriod ending 8. On March 25 the business oollected $12,000 Erom clients for services 9. On March 28 the business billed clients for services provided on aooount 10. On March 29 the busincss paid $6,500 on acoount. 11. On Haroh 31 the businoss roceived the utility bill for March in the amount 12 On Maroh 31 the business paida $7,500 dividond Tha folloring information is available of $650 1. Supplies on hand on Maroh 31 were $1,200 The propaid rent roprosonts paysont of 3-sonth'srent at $2,500 por moath on Fobruary 1, 2019 The prepaid inauranco xoprosonts a 1-year inaurance polioy parchasod on November 1, 2018 for $4,800 4. Deprociation on tho equipmont for March ie $1,000 5. Accrued salarios on March 31 wore $6,400 6. naarnod Foos on March 31 were $2, Go0 Chart o Accounts Other Current Asset 2 Accounts Receivable Other Current Asset Other Current Asset Fixed Asset Fixed Asset Other Current Liability Other Current Liability Other Current Liability Other Current Liability Prepaid Rent office Equipment Accumulated Depreciation Accounts Payable Salaries Payable OUtilities Payable ll Unearned Fees Common Stok Dividends Salary Expense Rent Expense Depreciation Expense DInsurance Expense 2Advertising Expenso 7tility Expense

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