(Answered) Questions -1 prepare the adjusting entries a-fa insurance

Accounting

Questions -

1. Prepare the Adjusting entries A-F.

a. Insurance expired during June is $150.

b. Supplies on hand on June 30 are $1,020.

c. Depreciation of office equipment for June is $500.

d. Accrued receptionist salary on June 30 is $120.

e. Rent expired during June is $1,500.

f. Unearned fees on June 30 are $2,000.

2. Prepare an income statement, a statement of owner's equity, and a balance sheet.

3. Journalize and Post the adjusting entries.

4. Journalize and post the closing entries. (Income Summary is account #33 in the chart of accounts.)

5. Prepare a post-closing trial balance.

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