Unit 4 excercises +M4-18, M4-19, M4-20, M4-21, M4-22, M-23, M-24..E4-15, E4-16, E4-17, E418++++++ - 87592

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M4-18 Preparing  and Posting Adjusting Journal Entries
At December 31, the unadjusted trial balance of H&R Tacks reports Supplies of $9,000 and Supplies Expense of $0. On December 31, supplies costing $7,700 are on hand. Prepare the adjusting journal entry on December 31. In separate T-accounts for each account, enter the unadjusted balances, post the adjusting  journal entry, and report the adjusted balance..............................................?
M4-19 Preparing and Posting Adjusting Journal Entries 
At December 31, the unadjusted trial  balance of H&R Tack reports Equipment of $30,000 and 
zero balance in Accumulated Depreciation and Depreciation Expense. Depreciation for the period
is estimated to $6,000. Prepare the adjusting journal entry on December 31. In separate  
T-accounts  for  each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance......................................?
M4-20 Preparing and Posting Adjusting Journal Entries
At December 31, the unadjusted trial balance of H&R Tacks reports Prepaid Insurance of $7,200 
and Insurance Expense of $0. The insurance was purchased on July 1 and provides coverage for 24 months. Prepare the adjusting journal e

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