PR $3-2$A Adjusting entries

Obj. $2,3,4,5$

Selected account balances before adjustment for Atlantic Coast Realty at July $31,$ the end of the current year, are as follows:

$\backslash$table$[[,$Debits,Credits$],[$Accounts Receivable,$$75,000,],[$Equipment$,345,700,],[$Accumulated Depreciation$-$Equipment,,$$112,500$