prepare adjusting entries necessary for july
 

: #1 # 2 # 3 # 4 Cash Accounts Receivable Notes Receivable Supplies Office Equipment #5 ABC Company Trial Balance July 31, 2022 A/Depreciation - Office Equipment Accounts Payable Unearned Revenue Common Stock Retained Earnings Dividends C Fees Earned Rent Expense Wage Expense Utility Expense $ Debit 6,200 1,500 10,000 800 6,000 $ 29,000 $ 29,000 At month's end, July 31, the following items were noted: (ABC's accounting period = 1 month) The office equipment has a $600 salvage value and a 10 year useful life. The notes receivable was accepted on July 1. It is a 6 month note with interest payable at maturity. Interest. is stated on the note at 12% annual. 500 800 3000 200 Credit 1,000 600 1,200 13,400 6,800 6,000 Wages are paid each Friday. July 31 fell on a Tuesday. Wages are $2,000 per week. (M-F week) $500 of unearned revenues are now earned. At the end of the month there are only $300 of supplies left.