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Case Corporation

Please answer the attachment:

exercise BYP4-4 parts a) b) d)on page 182

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BYP4-4

a. The adjusting entries are
1. Depreciation expense Dr 13,000,000
Accumulated Depreciation - administrative offices Cr 13,000,000]
To record the depreciation on administrative offices

2. Supplies Expense Dr 1,000,000
Office Supplies Cr 1,000,000
The supplies are used and so become an expense and the supplies balance is reduced

3. Salaries Expense - Engineering Dr 2,000,000
Salaries Expense - Administrative Dr 2,000,000
Salaries Payable Cr 4,000,000
To record the salaries earned but not paid

4. ...

Solution Summary

The posting has solution to problem BYP4-4 of Case Corporation relating to adjusting entries and preparation of a recasted income statement.

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