Question: 1 1 . Adjusting Entries and Financial Statements ( mathrm { LO } _ { 2 } , 3 ) The June
Adjusting Entries and Financial Statements mathrmLO
The June unadjusted trial balance of Prime Realty appears as follows.
Additional Information:
Rent expires at a rate of $ per month.
Monthly depreciation on equipment is $
Interest on the promissory note is paid quarterly on April July October and January
Performed services for which payment was received in April, $
Received utility bill to be paid next month, $
Services to customers earned during June but unrecorded at June $
Supplies on hand totaled $ at June
Owed employees for salaries for the last week of June to be paid in July, $
Prime Realty prepares adjusting entries each quarter. Adjustments were last made on March
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