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Prepare Adjusting Entries for the Following Transactions

question 90

Essay

Prepare adjusting entries for the following transactions.
1. Accrued interest on notes receivable is $95.
2. Unearned revenues earned totals $2,000.
3. Four years rent, totalling $60,000, was paid in advance at the beginning of the year.
4. Services totalling $2,100 had been performed but not yet billed at the end of the year.
5. Equipment purchased two years ago for $18,000 had an estimated useful life of 4 years.
6. The balance in the Supplies account was $690. By year end, only $100 in supplies remained.
7. Salaries owed to employees at the end of the year total $1,000.

Recognize the impact of societal norms and stereotypes on gender roles and behaviors.
Identify the influence of peers and media on gender-typed behavior.
Understand the development of play styles and their relation to gender.
Recognize the stages of play development and different types of play interactions among children.

Definitions:

Managers

Managers are individuals responsible for planning, leading, organizing, and controlling resources and teams to achieve organizational goals.

Pygmalion

The phenomenon where higher expectations from leaders or teachers lead to an increase in performance among students or employees.

Specific Groups

Particular segments of a population distinguished by shared characteristics, interests, or purposes.

Similarity Error

The mistaken evaluation of others based on their resemblance to oneself, often leading to biased decisions or judgments.

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