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Which of the following will be included in the journal entry that records a decrease in unearned revenue? ( select all that appl Retained earnings,
Which of the following will be included in the journal entry that records a decrease in unearned revenue? select all that appl
Retained earnings, January
Service revenue, parking
Service revenue, repair
Supplies expense
Wages expense
Wages payable
Required:
For the following transactions, provide the necessary adjusting entries and update the account balances to appropriately reflect these adjusting entries: If an amount box does not require an entry, leave it blank.
a University Street Parking rents space that requires a rental payment of $ per month. University Street Parking has prepaid rent through March
b At December University Street Parking owes employees wages of $
c University Street Parking should have total depreciation expense on equipment for of $
d The note payable of $ has an interest rate of University Street Parking has paid interest through October
a
b
c
d
more Check My Work uses remaining.
Prepare an income statement for using the postadjustment account balances
Prepare a retained earnings statement for using the post adjustment account balances
Prepare a properly classifed balance sheet as of December using the post adjustment account balances
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