Prepare adjusting entries for Wando Company for the month of July for the following transactions. Omit explanations.
1. Depreciation on the company's equipment is $600 per month.
2. There was no supplies on hand at the beginning of the month. During the month, $600 of supplies were purchased. At the July, $150 of supplies were on hand.
3. Prepaid insurance had a $1,200 normal balance prior to adjustment. At the end of July, $400 of insurance was unexpired.

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The Answer of Prepare adjusting entries for Wando Company for the month of July for the following transactions. Omit explanations.
1. Depreciation on the company's equipment is $600 per month.
2. There was no supplies on hand at the beginning of the month. During the month, $600 of supplies were purchased. At the July, $150 of supplies were on hand.
3. Prepaid insurance had a $1,200 normal balance prior to adjustment. At the end of July, $400 of insurance was unexpired.

Prepare Adjusting Entries for Wando Company for the Month of July