The ledger of W. S. Juice Bar includes the following unadjusted balances: Service Revenue $60,000; Salaries Expense
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The ledger of W. S. Juice Bar includes the following unadjusted balances: Service Revenue $60,000; Salaries Expense $28,950; and Prepaid Rent $6,000. Adjusting entries are required for
(a) Services provided for $1,000 but not yet billed and collected;
(b) Accrued salaries payable of $1,350; and
(c) Expired rent of $2,000. Enter the unadjusted balances and adjustments into a work sheet, and complete the work sheet for all accounts.
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Related Book For
Hospitality Financial Accounting
ISBN: 978-0470083604
2nd Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Agnes L.
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