Prepare an unadjusted and an adjusted trial balance from the following account information, considering the...
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Accounting
Prepare an unadjusted and an adjusted trial balance from the following account information, considering the adjustment data provided (assume accounts have normal balances). Building and Equipment were recently purchased, so there is neither depreciation expense nor accumulated depreciation.
Adjustments needed:
- Physical count of supplies inventory remaining at end of period, $3,300
- Customer fees collected in advance (payments were recorded as Fees Earned), $18,500
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