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a. Depreciation on the companys equipment for the year is computed to be $15,000. b. The Prepaid Insurance account had a $9,


View transaction list 1 Depreciation on the companys equipment for the year is computed to be $15,000. 2 The prepaid insuran


4 Three-fourths of the work related to $13,000 of cash received in advance was performed this period, 5 The prepaid rent acco
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Answer #1

Journal Entries Date Account Title and Explaination Debit Credit Post. Ref. a $ 15,000.00 Depreciation Expense Accumulated De9,750.00 Unearned Service Revenue ($13000x3/4) Service Revenue (To record Earned portion of Unearned service revenue) 9,750.0

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