Question: or the information below, prepare in the space provided any adjusting journal entry necessary to bring the counts up to date as of December 31,



or the information below, prepare in the space provided any adjusting journal entry necessary to bring the counts up to date as of December 31, 2020, the fiscal year-end of Brady, Inc. If no entry is required, write The building has an estimated usdful life of 14 years. Brady Inc, expects that the residual value of the building at the end of its useful life will be $56,000. Depreciation expenses have not yet been recorded for the current year. For the information below, prepare in the space provided any adjuating iournal entry neciviry to brice the clearly "NO LNTRY" On December 28, 2020, Jamaica Inc. received an order for merchandise with a retail value of $38,000. The order was delivered on December 30,2020 , to the customer who would pay on January 7,2021 . The cost of the merchandise to Jamaica Inc. is $16,000. No recording was made regarding the order. For the mrormotion below, prepare in the space provided any adjuating journal entry aecessary io beiain the accounts up to date as of December 31,2020 , the fincal year-end of Brady, Ine. If no emary is required, write clearly "NO FNTRY". All purchases of supplies have been recorded as increases to Supplies Inventory. A physical count of Supplies Inventory on December 31,2020, revealed that supplies costing $5,300 was still on hand. No entry has been made to adjust the balance of Supplies Inventory
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