The ledger of W. S. Juice Bar includes the following unadjusted balances: Service Revenue $60,000; Salaries Expense

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The ledger of W. S. Juice Bar includes the following unadjusted balances: Service Revenue $60,000; Salaries Expense $28,950; and Prepaid Rent $6,000. Adjusting entries are required for

(a) Services provided for $1,000 but not yet billed and collected;

(b) Accrued salaries payable of $1,350; and

(c) Expired rent of $2,000. Enter the unadjusted balances and adjustments into a work sheet, and complete the work sheet for all accounts.

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Hospitality Financial Accounting

ISBN: 978-0470083604

2nd Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Agnes L.

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Question Posted: Feb 06, 2013 06:41 AM

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The ledger of W. S. Juice Bar includes the following unadjusted balances: Service Revenue $60,000; Salaries Expense

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W S JUICE BAR Work Sheet Account Titles Trial Balance Adjustments Adjusted Trial Balance I...View the full answer

Hospitality Financial Accounting

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