Question: financial accounting PROBLEM 5 (12 points) What will be the adjusting journal entries dated December 31,20XX, based on the following data? You do not need
financial
accounting
PROBLEM 5 (12 points) What will be the adjusting journal entries dated December 31,20XX, based on the following data? You do not need to include an explanation with each journal entry. For part a, show how you computed the amount a. The balance in supplies before adjustment is $1,800. A physical count reveals $350 of of your adjustment. supplies on hand on December 31,20XX. b. Salaries owed to employees on December 31,20XX are $2,000. c. Unearned service revenue has a balance of $4,200 before adjustment. Records show that $2,300 of
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