Journalize the adjusting entries that were included

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Problem

Journalize the following adjusting entries that were included on the work sheet for the month ended December 31. Assume the financial statements have been prepared. Dec. 31 Salaries for three days are unpaid at December 31, $3,360. Salaries are $5,600 for a five-day week. 31 Insurance was bought on October 1 for $2,760 for 12 months' coverage. Three months' coverage has expired, $690. 31 Depreciation for the month on equipment, $110, based on an asset costing $6,800 with a trade-in value of $200 and an estimated life of five years. 31 The balance in supplies before adjustment totaled $154. The amount of supplies on hand at the end of the year is $72. Journalize the adjustments in the order given in the question. Get the instant assignment help. GENERAL JOURNAL DATE DESCRIPTION DOC. NO. POST. REF. DEBIT CREDIT 20-- Adjusting Entries Dec. 31 fill in the blank 2 fill in the blank 4 Dec. 31 fill in the blank 6 fill in the blank 8 Dec. 31 fill in the blank 10 fill in the blank 12 Dec. 31 fill in the blank 14.

Reference no: EM133928463

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