Business, 23.06.2021 21:40, gunnatvinson
Prepare adjusting entries for the following transactions.
1. Depreciation on equipment is $800 for the accounting period.
2. There was no beginning balance of supplies and $648 of supplies were purchased during the period. At the end of the period $105 of supplies were on hand.
3. Prepaid rent had a $980 normal balance prior to adjustment. By year end $348 was unexpired.
Answers: 1
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Prepare adjusting entries for the following transactions.
1. Depreciation on equipment is $800 for...
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