Question: (5 points each) 1. ABC Co, began the month with $1,500 in the Supplies account. At the end of the month, $400 of supplies remained.
(5 points each) 1. ABC Co, began the month with $1,500 in the Supplies account. At the end of the month, $400 of supplies remained. The adjusting journal entry is: 2. ABC Company pays its landlord 12 months rent in advance on January 1, 2023. The amount paid is $12,000. The adjusting journal entry at the end of each month is: 3. ABCCo. has equipment that is depreciated $1,800 each month. The adjusting journal entry each month is: 4. ABC Co prepaid an insurance policy on July 1,2022 for $18,000. The policy is for 12 months of coverage. The adjusting journal entry each month is: 5. The University of South Alabama sold season tickets for the upcoming football season and collected $1,500,000. Five games will be played. The journal entry to record the sale of the tickets is
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