Femi Architects recorded the following adjusting entries as of December 31: a. Service Revenue accrued, $ 1,000

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Femi Architects recorded the following adjusting entries as of December 31:

a. Service Revenue accrued, $ 1,000

b. Unearned Revenue that has been earned, $ 300.

c. Office Supplies on hand, $ 600. The balance of the Office Supplies account was $ 800.

d. Salaries owed to employees, $ 400.

e. One month of Prepaid Rent has expired, $ 2,000.

f. Depreciation on equipment, $ 1,000.

Journalize any necessary reversing entries for Femi Architects.

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Horngrens Financial and Managerial Accounting

ISBN: 978-0133255584

4th Edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Question Posted: Jan 16, 2015 08:34 AM

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Femi Architects recorded the following adjusting entries as of December 31: a. Service Revenue accrued, $ 1,000

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Horngrens Financial and Managerial Accounting

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