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The Unadjusted Trial Balance columns of a work sheet total $84,000. The Adjustments columns contain entries for the following: 1. Office supplies used during the period, $1,200.
2) Expiration of prepaid rent, $700.
3) Accrued salaries expense, $500.
4) Depreciation expense, $800.
5) Accrued service fees receivable, $400.
The Adjusted Trial Balance columns total is:
Indefinite Period
A duration of time without a specified end, often creating uncertainty in contracts or agreements.
Statute of Frauds
Legal regulation stipulating that certain contracts must be written and signed to be legally enforceable, including agreements related to real estate, marriage, and debts.
Writing Requirement
The writing requirement refers to a legal principle that certain agreements or contracts must be in written form and signed by the parties involved to be legally enforceable.
Statute of Frauds
A legal principle requiring certain contracts to be in writing and signed by the party to be charged, to be enforceable.
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