Question

Homework: Graded MAL HW #3 [Ch 3] Spr 2020 Score: 0 of 16 pts 12 of 18 (11 complete) X E3-28 (open response) The following data at July 31, 2018, are given for KHG: (Click the icon to view the data.) Read the requirements. Requirement 1. Journalize the adjusting entries needed on July 31, 2018. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. Check your spelling carefully and do not abbreviate.) a. Depreciation, $300. Date * More Info - X Accounts and Explanation Debit Credit (a) Jul. 31 Depreciation Expense 300 cash 300 To record depreciation. a. Depreciation, $300. b. Prepaid rent expires, $600. c. Interest expense accrued, $400. d. Employee salaries owed for Monday through Thursday of a five-day workweek; weekly payroll, $9,000. e. Unearned revenue earned, $1,200. f. Office supplies used, $450. Print Done

Answer 1

Credit Debit $ 300 $ 300 $ 600 $ 600 $ 400 Date Accounts Title Jul-31 Depreciation Expenses Accumulated Depreciation Jul-31 Rent Expenses Prepaid Rent Jul-31 Interest Expenses Interest Payable Jul-31 Salaries Expenses Salaries payable Jul-31 Unearned Revenue Service Revenue Jul-31 Supplies Expenses Supplies $ 400 $ 9,000 $ 9,000 $ 1.200 $ 1.200 $ 450 $ 450