A company issued financial statements for the year ended December 31,but failed to include the following adjusting entries:
A.Accrued service fees earned of $2,200
B.Depreciation expense of $8,000
C.Portion of office supplies (an asset)used,$3,100
D.Accrued salaries of $5,200
E.Revenues of $7,200,originally recorded as unearned,have been earned by the end of the year
Determine the correct amounts for the December 31 financial statements by completing the following table:
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