Question: Based on the photo Please answer this: The following data are available to determine adjusting entries: A ) $ 4 , 3 5 0 of

Based on the photo
Please answer this:
The following data are available to determine adjusting entries:
A) $4,350 of prepaid insurance expired during the period.
B) The company estimates depreciation expense of $8,150 for the period.
C) A count showed $85,700 of supplies on hand.
D) Interest earned and receivable on the outstanding notes receivable is $260 for the period.
Prepare the adjusting journal entries that should be recorded. Then, prepare an adjusted trial balance.
THE ADJUSTING ENTRIES HAVE ALREADY BEEN MADE AS SHOWN ABOVE. FROM THE ADJUSTED TRIAL BALANCE, PREPARE AN INCOME STATEMENT A STATEMENT OF RETAINED EARNINGSAND A BALANCE SHEET
Based on the photo Please answer this: The

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