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Fast2F Fast2F
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8 years ago
Using the following data, make the adjustments, and complete the worksheet for one month.
a.   Equipment costing $750 with a residual value of $150 has an expected life of 12 months.
b.   Accrued salaries of $100.
c.   Supplies ledger balance $900, supplies used $400.

Account   Trial Balance   Adjustments   Adj.Trial Bal   Inc. Statement   Balance Sheet
   DR   CR   DR   CR   DR   CR   DR   CR   DR   CR
Cash   1,100                           
Accts. Rec.   400                           
Supplies   900                           
Equipment   750                           
Accts. Payable      800                        
Capital      1,950                        
Withdrawals   200                           
Fees Earned      900                        
Sal. Expense   300                           
Totals   3,650   3,650
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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keytwokeytwo
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Fast2F Author
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8 years ago
Good timing, thanks!
ezsancheezy
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Yesterday
Correct Slight Smile TY
bioc
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2 hours ago
You make an excellent tutor!
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