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You are required to make the Adjusting entries and show the effect on financial elements such as income, expense, asset & liability Chees 1.

You are required to make the Adjusting entries and show the effect on financial elements such as income,

You are required to make the Adjusting entries and show the effect on financial elements such as income, expense, asset & liability Chees 1. 2 3 5 Journalize the adjusting entry required if the amount of unearned fees at the end of December 2022 is $1,700. The balance of the Supplies account before adjustment is $2,343. Journalize the adjusting entry required if the amount of supplies on hand at the end of the year is $260 and purchases during the year is $200. Doctor Laurel pays his staff monthly every Friday. The monthly wages average $3,000. Journal the adjusting entry required if the Doctor did not pay for month of March as the accounting period end on Wednesday Mr. Abdul a landscape contractor, purchased a new truck on May 1, 2018, for $25,000. The estimated useful life for the new truck is five years and the salvage value is $2,500. Journal the required adjusting entry During the month of December 2022, the services provided by the company for $ 200,000 but still not billed.

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