Prepare the December 31 adjusting entries based on the following information. Omit explanations.
1. Fees accrued but unbilled total $4,500.
2. The supplies account balance on December 31 is $5,250. Supplies on hand are $1,015.
3. Wages accrued but not paid are $3,500.
4. Depreciation of office equipment is $2,200.
5. Rent expired during year, $7,800.
Definitions:
Democratic Behaviours
Actions that promote participation, equality, and fair treatment within groups or societies.
Participative
A style or process that involves input, involvement, and collaborative decision-making with all stakeholders or team members.
Ethical Leadership
Leadership that is directed by respect for ethical beliefs and values and for the dignity and rights of others.
Sustainable Success
Achieving long-term goals in a way that considers economic, social, and environmental impacts, ensuring longevity and resilience.
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