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The following data at July 31, 2016 are given for XYZ
1.d.DR Salaries expense 10,400
a. Depreciation, $400
b. Prepaid rent expires, $800
c. Interest expense accrued, $600
d. Employee salaries owed for M-F of a five day work week; weekly payroll, $13000.
e. Unearned revenue earned, $1600
f. Office supplies used, $100
Requirements
Problem 1) journalize the adjusting entries needed on July 31, 2016
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