Consider the account balances excerpted from the unadjusted trial balance and the adjustment data. Unadjusted Trial Balance Account Title Debit Credit Fixed Assets $121,000 Accumulated Depreciation $24,300 Prepaid Rent 18,200 Unearned Revenue 3,900 A. Depreciation on fixed assets, $8,900 B. Unexpired prepaid rent, $12,800 C. Remaining balance of unearned revenue, $565 Prepare adjusting journal entries, as needed. If an amount box does not require an entry, leave it blank. A. В. 38 C. 00 00 00 00

Consider the account balances excerpted from the unadjusted trial balance and the adjustment data. Unadjusted Trial Balance Account Title Debit Credit Fixed Assets $121,000 Accumulated Depreciation $24,300 Prepaid Rent 18,200 Unearned Revenue 3,900 A. Depreciation on fixed assets, $8,900 B. Unexpired prepaid rent, $12,800 C. Remaining balance of unearned revenue, $565 Prepare adjusting journal entries, as needed. If an amount box does not require an entry, leave it blank. A. В. 38 C. 00 00 00 00

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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