Prepare end-year adjusting entries a.The office supplies account showed a beginning debit balance of 800...
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Accounting
Prepare end-year adjusting entries
a.The office supplies account showed a beginning debit balance of 800 and purchases of 1000. The ending debit balance was 400.
b. Depreciation on buildings is estimated to be 7600
c.A one year insurance policy was purchased for 6000. Five month have passed since the purchase,
d. Accrued interest on notes payable amounted to 1500
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