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Selected account balances before adjustment for Perfect Realty at October 31, 2010, the end of the current year, are as follows:

Data needed for year-end adjustments are as follows:

(a) Unbilled fees at October 31, $2,900.

(b) Supplies on hand at October 31, $400.

(c) Rent expired, $6,000.

(d) Depreciation of equipment during year, $3,000.

(e) Unearned fees at October 31, $800.

(f) Wages accrued but not paid at October 31, $1,400.

Instructions

Journalize the six adjusting entries required at October 31, based on the data presented  

Accounting Basics, Accounting

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  • Reference No.:- M91884246
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