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End-Of-Period Adjustments West Laboratory Adjusts and Closes Its Accounts at the End

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End-of-period adjustments
West Laboratory adjusts and closes its accounts at the end of each month.The trial balance at September 30,2018,before adjustments,is as follows: End-of-period adjustments West Laboratory adjusts and closes its accounts at the end of each month.The trial balance at September 30,2018,before adjustments,is as follows:   The following information relates to month end adjustments: (a)Office supplies on hand September 30 amounted to $500. (b)The useful life of the medical equipment was estimated to be 20 years. (c)Many patients pay in advance for major medical procedures.Fees of $6,000 were earned during the month by performing procedures on patients who had paid in advance. (d)Salaries earned by employees during the month but not yet recorded amounted to $2,300. (e)On September 1,West Laboratory had moved and paid 2 month's rent in advance. (f)Medical procedures performed during the month but not yet billed or recorded amounted to $4,600. Prepare the adjusting entries required at September 30.   The following information relates to month end adjustments:
(a)Office supplies on hand September 30 amounted to $500.
(b)The useful life of the medical equipment was estimated to be 20 years.
(c)Many patients pay in advance for major medical procedures.Fees of $6,000 were earned during the month by performing procedures on patients who had paid in advance.
(d)Salaries earned by employees during the month but not yet recorded amounted to $2,300.
(e)On September 1,West Laboratory had moved and paid 2 month's rent in advance.
(f)Medical procedures performed during the month but not yet billed or recorded amounted to $4,600.
Prepare the adjusting entries required at September 30.
End-of-period adjustments West Laboratory adjusts and closes its accounts at the end of each month.The trial balance at September 30,2018,before adjustments,is as follows:   The following information relates to month end adjustments: (a)Office supplies on hand September 30 amounted to $500. (b)The useful life of the medical equipment was estimated to be 20 years. (c)Many patients pay in advance for major medical procedures.Fees of $6,000 were earned during the month by performing procedures on patients who had paid in advance. (d)Salaries earned by employees during the month but not yet recorded amounted to $2,300. (e)On September 1,West Laboratory had moved and paid 2 month's rent in advance. (f)Medical procedures performed during the month but not yet billed or recorded amounted to $4,600. Prepare the adjusting entries required at September 30.


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