PR $3-2$A Adjusting entries

OB$.2,3$

Selected account balances before adjustment for Pajajaran Realty at July $31,2016,$ the end

of the current year, are as follows:

Data needed for year$-$end adjustments are as follows:

a$.$ Unbilled fees at July $31,$ Rp$11,150,000.$

b$.$ Supplies on hand at July $31,$ Rp $900,000.$

c$.$ Rent expired, Rp $6,000,000.$

d$.$ Depreciation of equipment during year, Rp$8,950,000.$

e$.$ Unearned fees at July $31,$ Rp$2,000,000.$

f$.$ Wages accrued but not paid at July $31,$ Rp$4,840,000.$

Instructions

Journalize the six adjusting entries required at July $31,$ based on the data presented.

What would be the effect on the income statement if adjustments $($a$)$ and $($f$)$ were

omitted at the end of the year?

What would be the effect on the statement of financial position if adjustments $($a$)$ and

$($f$)$ were omitted at the end of the year?

What would be the effect on the "Net increase or decrease in cash" on the statement

of cash flows if adjustments $($a$)$ and $($f$)$ were omitted at the end of the year?