Answer to Question #129417 in Accounting for Fahad Ch

Question

Prepare Adjusting entries of the following transactions:-
1. Supplies on hand at the end of month Rs.1000
2. Depreciation expense for the month of December Rs. 850
3. salaries are due for the month Rs.15000
4. Unearned client fee earned during the month Rs.5000
5. Prepaid Insurance expired during the month Rs. 2500
6. Client Fee Revenue earned but not received Rs.7600

Answer 1

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