Essay
From the following data, journalize the adjusting entries in proper form for the month. Omit descriptions.
(a) Building with a cost of $200,000 and a residual value of $50,000 has an expected life of 10 years.
(b) Wages for a week are $3,000 and 3 days must be accrued salaries.
(c) Supplies ledger balance $1,500, supplies on hand $200.
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(a) Depreciation Expense 1,250...View Answer
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