Posted: June 2nd, 2021

Moteki company accumulates the following adjustment data at december

Moteki Company accumulates the following adjustment data at December 31.

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Indicate the type of adjustment (prepaid expenses, accrued revenues and so on), and the status of accounts before adjustment (overstated or understated). (Enter answers in alphabetical order.)

1.   Supplies of $100 are on hand.
2.   Services provided but not recorded total $900.
3.   Interest of $200 has accumulated on a note payable.
4.   Rent collected in advance totaling $650 has been earned.

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