Question: we have to do adjusting entries for the 6 bullets listed PR 3-2A Adjusting entries Selected account balances before adjustment for Atlantic Coast Realty at
we have to do adjusting entries for the 6 bullets listedPR 3-2A Adjusting entries Selected account balances before adjustment for Atlantic Coast Realty at July 31, the end of the current year, are as follows: OBJ. 2, 3, 4, 5 Debits Credits Accounts Receivable $75,000 345,700 Equipment Accumulated Depreciation-Equipment Prepaid Rent Supplies Wages Payable $112,500 9,000 3,350 12,000 Unearned Fees 660,000 Fees Earned Wages Expense Rent Expense Depreciation Expense 325,000 Supplies Expense Data needed for year-end adjustments are as follows: Unbilled fees at July 31, $11,150 Supplies on hand at July 31, $90o. Rent expired, $6,000. Depreciation of equipment during year, $8,950. Unearned fees at July 31, $2,000. Wages accrued but not paid at July 31, $4,840. DD Dil F12 F10 F9 FB F7 Ed ) & 0 9 7 8 6 +II 81I I VitalSource Bookshelf: Accounting My Courses PR 3-2A Adjusting entries Selected account balances before adjustment for Atlantic Coast Realty at July 31, the end of the current year, are as follows: OBJ. 2, 3, 4, 5 Debits Credits Accounts Receivable Equipment Accumulated Depreciation-Equipment $ 75,000 345,700 $112.500 9,000 Prepaid Rent Supplies Wages Payable 3,350 12,000 Unearned Fees 660,000 Fees Earned Wages Expense Rent Expense Depreciation Expense Supplies Expense 325,000 Data needed for year-end adjustments are as follows: Unbilled fees at July 31, $11,150. Supplies on hand at July 31, $900. Rent expired, $6,000. Depreciation of eqluipment during year, $8,950. Unearned fees at July 31, $2,000. Wages accrued but not paid at July 31, $4,840. ed wh d Coppight 21 Cengege Lanng Aghts e My nt e 8
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