Posted: May 15th, 2024
The ledger of W. S. Juice Bar includes the following unadjusted balances
The ledger of W. S. Juice Bar includes the following unadjusted balances: Service Revenue $60,000; Salaries Expense $28,950; and Prepaid Rent $6,000. Adjusting entries are required for (a) services provided for $1,000 but not yet billed and collected; (b) accrued salaries payable of $1,350; and (c) expired rent of $2,000. Enter the unadjusted balances and adjustments into a work sheet, and complete the work sheet for all accounts.
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