Jordon James Started JJJ Consulting on January 1

question 48

Essay

Jordon James started JJJ Consulting on January 1. The following are the account balances at the end of the first month of business, before adjusting entries were recorded: ​
Adjustment data:
Supplies on hand at the end of the month, $200
Unbilled consulting revenue, $700
Rent expense for the month, $1,000
Depreciation on equipment, $90
(a) Prepare the required adjusting entries, adding accounts as needed.
(b) Prepare an adjusted trial balance for JJJ Consulting as of January 31.
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Definitions:

Intelligence

The capacity for learning, understanding, and applying knowledge and skills, and adapting to new situations.

Validity

The extent to which a test, measurement, or research study accurately measures what it is intended to measure.

Interrater Reliability

The degree of agreement among different raters or observers assessing the same phenomenon.

Split-half Reliability

The reliability of a test measured by dividing it into two parts and assessing how consistently they produce similar results.