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Business, 11.02.2020 21:50 agarza0326

Eckholm Company records all prepayments in income statement accounts. At April 30, the trial balance shows Supplies Expense $2,800, Service Revenue $9,200, and zero balances in related balance sheet accounts. Prepare the adjusting entries at April 30 assuming (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

(a) $400 of supplies on hand and
(b) $3,000 of service revenue should be reported as unearned.

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Eckholm Company records all prepayments in income statement accounts. At April 30, the trial balance...
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