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Use the Following Information to Complete the Partial Worksheet for Bill's

question 28

Essay

Use the following information to complete the partial worksheet for Bill's Company. Record the appropriate adjusting entries using the data below and extend the balances over to the adjusted trial balance columns.
Merchandise Inventory - physical count        $10
Store supplies on hand        3
Depreciation on store equipment        2
Accrued salaries       1

 bill`s commpany partial worsheet for the year of ended december 31, 2020 
 account titles  trial balance  adjustments  adjusted trial balance
    debit  credit   debit  credit  debit  credit
 merchandies inv.  11          
 store supplies  10          
 store equipment  20          
 accum. depn. store equip.    6        
 salaries payable            
 salaries expense  10          
 cost of goods sold  9          
 deprecianation expense            
 store suplies exp.            

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Definitions:

South Korea

A country in East Asia, located on the southern half of the Korean Peninsula, known for its advanced technology and vibrant culture.

Member-Nations

Countries that are part of an international organization or coalition, agreeing to adhere to its rules and participate in its activities.

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An American five-star general and Field Marshal of the Philippine Army who was Chief of Staff of the United States Army during the 1930s and played a prominent role in the Pacific theater during World War II.

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The 33rd president of the United States (1945–1953) known for his leadership during the final stages of World War II and the early years of the Cold War.

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