Question: Selected information in T-account format is presented below. Journalize the most likely adjustments that caused the balances to change. a. Accounts Receivable Unadjusted Bal. Dec.
Selected information in T-account format is presented below. Journalize the most likely adjustments that caused the balances to change. a. Accounts Receivable Unadjusted Bal. Dec. 31 8,800 Adjusted Bal. Dec. 31 11,000 b. Prepaid Rent Unadjusted Bal. Dec. 31 40,000 Adjusted Bal. Dec. 31 33,600 c. Accumulated Depreciation, Machinery 10,400 Unadjusted Bal. Dec. 31 13,400 Adjusted Bal. Dec. 31 d. Unearned Revenue 6,900 Unadjusted Bal. Dec. 31 2,700 Adjusted Bal. Dec. 31 e. Salaries Expense Unadjusted Bal. Dec. 31 70,000 Adjusted Bal. Dec. 31 72,200
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