2uestion 2 Prepare adjusting entries for the follewing transactione (25 marks: 5 marks each) 1...
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Accounting
2uestion 2 Prepare adjusting entries for the follewing transactione (25 marks: 5 marks each) 1 Depreciation on equipment is $1,340 for the abcounting period 2. interest cowed on a ioan but not pais or recorded is $275 3. There was no begineng batance of supples and $550 of offee supples were purchased during the peried N the end of the pericd $160 of supples wure on hand 4. Prepaid rent had a 51,000 ancual blance grer to adjustment ty year end $700 has axpeded. 5 Acerued salaries at the end of the period amounted to 1000
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