Date | Accounts | Credit | credit |
Jan 1 | salaries payable | 1820 | |
Salaries expense | 1820 | ||
Jan 4 | salaries expense | 3140 | |
Cash | 3140 | ||
At December 31, 2021, Pharoah Company made an accrued expense adjusting entry of $1,820 for salaries....
At December 31, 2021, Pharoah Company made an accrued expense adjusting entry of $1,820 for salaries. On January 4, 2022, it paid salaries of $3,140: $1,820 for December salaries and $1,320 for January salaries.
At December 31, 2021, Pharoah Company made an accrued expense adjusting entry of $1,820 for salaries. On January 4, 2022, it paid salaries of $3,140: $1,820 for December salaries and $1,320 for January salaries.Prepare the December 31 closing entry for salaries.
pel Progress At December 31, 2021, Sheridan Company made an accrued expense adjusting entry of $1,870 for salaries. On January 4 2022, it paid salaries of $3,140: $1,870 for December salaries and $1,270 for January salaries. port Your answer is correct. Prepare the December 31 adjusting entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account...
Assume the company does use reversing entries. Prepare the December 31 adjusting entry, the January 1 reversing entry, and the entry on Monday, January 6, when Crane pays the payroll. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Your answer is correct. Assume the company does not use reversing entries. Prepare the December 31 adjusting entry and the entry on Monday, January 6, when...
Current Attempt in Progress At December 31, 2021. Crane Company made an accrued expense adjusting entry of $1,860 for salaries. On January 4, 2022, it paid salaries of $2,800: 51.860 for December salaries and 5940 for January salaries Prepare the December 31 adjusting entry. Credit account titles are automatically indented when amount is entered. Do not indent manually amounts. no entry is required, select "No Entry for the accounts and enter for the Date Account Titles and Explanation Debit Credit...
At December 31, 2021. Carla Vista Company made an accrued expense adjusting entry of $1.610 for salaries. On January 4, 2022, it paid salaries of $2,790: $1610 for December salaries and $1,180 for January salaries.Prepare the December 31 adjusting entry.Prepare the December 31 closing entry for salaries.Prepare the January 1 reversing entry and the January 4 journal entry to record the payment of salaries.
At December 31, 2021, Blossom Company made an accrued expense adjusting entry of $1,850 for salaries. On January 4, 2022, it paid salaries of $3,180: $1,850 for December salaries and $1,330 for January salaries. At December 31, 2021, Blossom Company made an accrued expense adjusting entry of $1,850 for salaries. On January 4, 2022, it paid salaries of $3,180: $1,850 for December salaries and $1,330 for January salaries.
At December 31, 2021, Crane Company made an accrued expense adjusting entry of $1,800 for salaries. On January 4, 2022. it paid salaries of $2,830: $1,800 for December salaries and $1,030 for January salaries. Prepare the December 31 adjusting entry. Prepare the December 31 closing entry for salaries.
At December 31, 2021, Sheridan Company made an accrued expense adjusting entry of $1,540 for salaries. On January 4, 2022, it paid salaries of $3,110: $1,540 for December salaries and $1,570 for January salaries. Prepare the December 31 adjusting entry. Prepare the December 31 closing entry for salaries.
Current Attempt in Progress On December 31, the adjusted trial balance of Marin Inc. shows the following selected data: Accounts receivable Interest expense $9,780 12,850 Service revenue Interest payable $112,400 6,490 Analysis shows that adjusting entries had been made, and included above, for (1) $9,780 of services performed but not bille (2) $6,490 of accrued but unpaid interest. Prepare the closing entries for the temporary accounts at December 31. (Credit account titles are automatically indented w amount is entered. Do...