Read the requirements. Requirement 1. Complete the worksheet. Use letters a through e to...

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Accounting

Read the requirements.
Requirement 1. Complete the worksheet. Use letters a through e to label the five adjustments.
letters a through e to label the five adjustments. (Abbreviation used: Equip. = Equipment.)
Grayson Production Company
Worksheet
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a.
As of December31, Grayson had performed $ 100 of service revenue but has not yet billed customers.
b.
At the end of the month, Grayson had $ 600 of office supplies remaining.
c.
Prepaid Insurance of $ 1,750 remained.
d.
Depreciation expense, $ 3,700.
e.
Accrued salaries expense of $ 150 that hasn't been paid yet.
December 31,2024
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