- Desprotion so06 Requirements 2. Buppone be ofustrents made of Geprevend 1 wese kit rub...
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- Desprotion so06 Requirements 2. Buppone be ofustrents made of Geprevend 1 wese kit rub bi Cogver More info f. Ofice suppies used, $250. (Assume that LSM debits an asset account when supplies are purchased) Requirement 2. Suppose the adjustments made in Requirement 1 were not made. Compute the overall overstatemen a. Depreciation, $900. b. Prepaid rent expires, $600. c. Interest expense accrued, $100. d. Employee salaries owed for Monday through Thursday of a five-day workweek, weekly payroll, $10,000. e. Unearned revenue earned, $1,800. f. Office supplies used $250 a. Depreciation, $900 b. Prepaid rent expires, S600 (Assume that LSM debits an asset account when rent is paid in advance) c. Interest expense accrued, $100 d. Employee salaries owed for Monday through Thursday of a five-day workweek, weekly payroll, $10,000 ce suppiers used; 9850 . (Assume that 15M dotits an assel acrount whon supplas are purchwsed) a. Depreciation, $900. b. Prepaid rent expires, $600 c. Interest expense accrued, $100 d. Employee salaries owed for Monday through Thursday of a five-day workweek; weekly payroll, $10,000. e. Unearned revenue earned, $1,800. f. Office supplies used, $250. Requirement 1. Journalize the adjusting entries needed on July 31,2024. (Record debits first, then credifs. Select the explan a. Depreciation, $900. b. Prepaid rent expires, $600. (Assume that LSM debits an asset account when rent is paid in advance.) c. Interest expense accrued, $100 d. Employee salanes owed for Monday through Thursday of a five-day workweek; weekly payroll, $10,000 e. Uneamed revenue eamed, $1,800. (When the cash was received, assume that a liability account was credited.) f. Office supplies used, $250. (Assume that LSM debits an asset account when supplies are purchased) Amount of overstalement? Overstated or Understated? (undervatement) Wet incemen














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