Question: ! Required information Using the worksheet you completed in Part 1, revise the given year end information with the following values and then answer the

 ! Required information Using the worksheet you completed in Part 1,

revise the given year end information with the following values and then

! Required information Using the worksheet you completed in Part 1, revise the given year end information with the following values and then answer the questions below: Select year end company accounts and additional information: 1. Supplies remaining at the end of the year. 2. Services remaining to be provided to customers who paid in advance. 3. Employees are owed additional salaries at the end of the year. 4. A note receivable was accepted on March 31. Interest rate on note \\[ \\begin{array}{r} \\$ 4,700 \\\\ 2,100 \\\\ 5,800 \\\\ 6,200 \\\\ 8 \\% \\end{array} \\] \8 Required: 1. Prepare the adjusting journal entries based on the results of your revised spreadsheet. 3. Now assume supplies on hand at the end of the year were \\( \\$ 12,200 \\), and services remaining to be provided to customers were \\( \\$ 3,200 \\). Enter the recalculated values below

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!