. Figure APC-2 is the condensed worksheet for the Christopher Company as ot vecemver 31,4U1...
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. Figure APC-2 is the condensed worksheet for the Christopher Company as ot vecemver 31,4U1 Additional Information: Prepaid Insurance is for a two-year fire insurance policy dated July 1, 2014. The ending inventory amounts to $76. The building is being depreciated over a ten-year life, straight-line, no salvage value. The balance in Unearned Repair Service Revenue pertains to a contract sold on November 1, 2014, te provide service to a client Office supplies on hand at year-end amount to $14. At year-end, there are accrued salaries of $6. Consulting Revenue includes a contract for $60 received on October 1, 2014, for a one-year period of time. The tax rate is 50%. for one year Required: Complete the worksheet, assuming that adjusting entries are made only at December 31
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