Question: Make necessary adjustments. Adjustment data are as follows: a ) Merchandise Inventory per physical count, April 3 0 . . . . . . .
Make necessary adjustments. Adjustment data are as follows: a Merchandise Inventory per physical count, April $ b Value of Office Supplies on hand on April $ c Value of Store Supplies on hand on April $ d Adjust prepaid insurance: one month has expired.............................. e Equipment depreciation for the month:............................................. see below f Building depreciation for the month:....................................................... see below g Interest earned on note receivable..................................................... $ h Accrued Sales Salaries on April $ Accrued Office Salaries on April $ i Value of Unearned Rent on April $ Equipment Depreciation: Use the straightline depreciation method to record ONE month of depreciation: Salvage value mathbf$ Life in years Do not round intermediate calculations. Round final calculation to nearest cent. Building Depreciation: Use the straightline depreciation method to record ONE month of depreciation: Salvage value $ Life in years Do not round intermediate calculations. Round final calculation to nearest cent.
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