Prepare the Necessary Adjusting Entry for Each of the Following

question 75

Essay

Prepare the necessary adjusting entry for each of the following:
1. Services provided but unrecorded totaled $900.
2. Accrued salaries at year-end are $1,000.
3. Depreciation for the year is $600.

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Definitions:

Sustainability Activity

Actions undertaken by individuals or organizations aimed at maintaining or enhancing environmental, social, and economic well-being over the long term.

Utilitarian View

Considers ethical behaviour as that which delivers the greatest good to the greatest number of people.

Ethical Behaviour

The practice of conducting oneself according to accepted principles of right and wrong, especially within a professional context.

Greatest Good

A principle often used in ethics and philosophy that refers to the action or policy that maximizes happiness or welfare for the greatest number of people.