Prepare financial statements for the month

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Question - Cost of supplies remained unconsumed on January 31 is $1,300.

The amount paid on January 3 is for a three-month rent.

The amounts of depreciation for Truck and office equipment are estimated to be $560 and $1,900 respectively. The salary of an employee during the month and unpaid is $1,000.

Interest on bank loan accrued but not paid on January 31 total $100. Prepare financial statements for the month. Journalize and post adjusting entries.

Reference no: EM133115985

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