To: Hal Hogan, BookkeeperFrom: Pete Tennant, V. P.Re: Adjustments for year ended December 31, 2019Hal, here is
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To: Hal Hogan, BookkeeperFrom: Pete Tennant, V. P.Re: Adjustments for year ended December 31, 2019Hal, here is the information you requested. Please supply me with the adjustments needed ASAP. Also, please put in writing why we need to do these adjustments.ThanksAttached to memo:a.
b. Rent data: Prepaid rent had a $500 balance at beginning of year. An additional $400 in rent was paid in advance in June. At year-end, $200 in rent had expired.c.?Revenue data: Accrued storage fees of $500 were earned but uncollected andunrecorded at year-end.
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a b Rent Expense 200 Prepaid Rent 200 c Storage Fees Receivable 500 Storage Fees Earned 500 These ...View the full answer
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Related Book For 
College Accounting A Practical Approach
ISBN: 978-0134166698
13th Canadian edition
Authors: Jeffrey Slater, Debra Good
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