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Please slove this as fast you can before 9:20 am The following information...

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Accounting

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Please slove this as fast you can before 9:20 am

The following information is available for Dylex Corporation on June 30 for the month just ended. a. $3,000 of the consulting fees paid to Dylex Corporation in advance has been earned. b. Furniture purchased at the start of the month for $16,500 is estimated to have a useful life of five years. After this time, the furniture will be sold for $1,500. c. Buildings purchased at the slart of the month for $37,500 are estimated to have a useful life of five years. After this time, the buildings will be sold for $16,500. d. A review of the $15,000 unadjusted balance in the prepaid insurance account shows a remaining balance of $11.900 at the end of the month. e. Property taxes of $700 have accrued but are unrecorded. Prepare the required adjusting entries at June 30, 2014. Enter the transaction letter as the description when entering the transactions in the journal Dates must be entered in the format dd/mmm (ie. January 15 would be 15/Jan). General Joumal Page GJS

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