Business
Business, 19.02.2021 16:30, serianmollel

Assume the following adjustment data. 1. Supplies on hand at October 31 total $500.
2. Expired insurance for the month is $100.
3. Depreciation for the month is $75.
4. As of October 31, services worth $800 related to the previously recorded unearned revenue had been performed.
5. Services performed but unbilled (and no receivable has been recorded) at October 31 are $280.
6. Interest expense accrued at October 31 is $70.
7. Accrued salaries at October 31 are $1,400.
Prepare the adjusting entries for the items above.

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Answers: 2

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Assume the following adjustment data. 1. Supplies on hand at October 31 total $500.
2. Expir...

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