Question: please solve ASAP Question 2: You are given the account balances at the end of 2020 before and after adjustments as follows: Salaries expense Accounts
please solve ASAP
Question 2: You are given the account balances at the end of 2020 before and after adjustments as follows: Salaries expense Accounts payable Prepaid Rent Rent expense Service Revenue Accounts Receivable. Unearned Revenues Un-Adjusted Trial Balance 2020 11000 5000 7000 Zero 50000 50000 4000 Adjusted Trial Balance 2020 12000 ???? ???? Zero ???? 100000 4000 Required: 1- Calculate the missing numbers ????? in the table above. 2- Prepare the necessary adjusting entries on 31 December 2020. Question 3: The following information was available from the Nottingham Company's records during 2019: On 1 August 2019, the company obtained a Loan in the amount of $280,000 cash that was borrowed from Scotland Bank. The interest rate is 9% and interest is paid annually. 1 August 2020 Required: Prepare the journal entries/adjusting entries in the following dates: 1 August 2019 31 December 2019
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