The worksheet of Best Jobs Employment Service follows but is incomplete. The following data at April 30,

Question:

The worksheet of Best Jobs Employment Service follows but is incomplete.

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The following data at April 30, 2024, are given for Best Jobs Employment Service:

a. Service revenue accrued, $700.

b. Office supplies used, $300.

c. Depreciation on equipment, $1,300.

d. Salaries owed to employees, $1,400.
Requirements

1. Calculate and enter the adjustment amounts directly in the Adjustments columns.
Use letters a through d to label the four adjustments.
2. Calculate and enter the adjusted account balances in the Adjusted Trial Balance columns.
3. Prepare each adjusting journal entry calculated in Requirement

1. Date the entries, and include explanations.

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Related Book For  answer-question

Horngrens Financial And Managerial Accounting The Financial Chapters

ISBN: 9781292412320

7th Global Edition

Authors: Tracie Miller-Nobles, Brenda Mattison, Ella Mae Matsumura

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