4. Employees were owed $2,800 related to unpaid salaries and wages. 5. Depreciation on buildings...
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4. Employees were owed $2,800 related to unpaid salaries and wages. 5. Depreciation on buildings is $5,520 per year. 6. During the month, the company satisfied obligations worth $4,600 related to the Unearned Service Revenue. 7. Unpaid maintenance and repairs costs were $2,200. Prepare the adjusting entries at July 31 assuming that adjusting entries are made monthly. Use additional accounts as needed. (Lis debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) The ledger of Nevak Lake Lumber Supply on July 31,2025 , includes the selected accounts below before adjusting entries have been prepared. An analysis of the company's accounts shows the following. 1. The imvestment in the notes receivable carns interest at a rate of 6% per year. 2. Supplies an hand at the end of the month totaled $15,400. 3. The balance in Prepaid Rent represents 4 months of rent costs. 4. July 31 5. July 31 6. July 31 7. July 31
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