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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, 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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