The adjusted trial balances of XYZ, Inc., at August 31, 2012, and August 31, 2013, include these…
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The adjusted trial balances of XYZ, Inc., at August 31, 2012, and August 31, 2013, include these amounts:Analysis of the accounts at August 31, 2013, reveals these transactions for the past twelve months:Purchases of supplies………………………………………………………………………………. $ 6,500Cash payments for salaries……………………………………………………………………….. 59,800Cash receipts in advance for service revenue……………………………………………….. 66,400RequirementCompute the amount of supplies expense, salaries expense, and service revenue XYZ, Inc., will report for the year ended August 31, 2013. Solve by making T-accounts and posting the information to solve for the unknownamounts.
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The adjusted trial balances of XYZ Inc at August 31
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