Journal Entry Question #2. Journalize the following adjustme…
Journal Entry Question #2. Journalize the following adjustments for January in the text box below (see Journal Entry Instructions above). Skip a line between journal entries. Jan 31 : The supplies account balance on Jan 31 is $8,660, the supplies on hand on Jan 31 are $1,635 Jan 31 : The unearned rent account balance on Jan 31 is $6,000 representing the receipt of an advance payment on Jan 1 of four months’ rent from tenants. Jan 31 : Wages accrued but not paid at Jan 31 are $3,150 Jan 31 : Fees accrued but unbilled at Jan 31 are $17,905 Jan 31 : January’s depreciation of office equipment is $10,250.
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