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For each of the above separate cases, prepare adjusting entries required of financial stal December 31...
Save for each of the above separate cases, prepare adjusting entries required of financial statements December...
Save for each of the above separate cases, prepare adjusting entries required of financial statements December 31. View transaction list Journal entry worksheet The company has a bank loan and has incurred (but not recorded) interest expense of $4,000 for the year ended December 31. The company will pay the interest five days after the year-end on January 5. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal < Prey 2 of...
for each of the above separate cases, prepare adjusting entries required of financial statem December 31...
for each of the above separate cases, prepare adjusting entries required of financial statem December 31 View transaction list Journal entry worksheet The Prepaid Insurance account had a $5,000 balance at the beginning of December. An analysis of insurance policies shows that $2,300 of unexpired insurance benefits remain at December 31. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal < Prev 2 of 4 ! N
For each of the separate cases, prepare adjusting entries required of financial statements for the year...
For
each of the separate cases, prepare adjusting entries required of
financial statements for the year ended (date of) December 31.
The second photo shows the format of where I put my answers. 1
being transaction a, 2 being transaction b, and so on.
a. Wages of $9,000 are earned by workers but not paid as of December 31 b. Depreciation on the company's equipment for the year is $11,200. c. The Office Supplies account had a $460 debit balance...
For each of the above separate cases, prepare adjusting entries required of finan December 31 View...
For each of the above separate cases, prepare adjusting entries required of finan December 31 View transaction list Journal entry worksheet < 2 3 4 5 6 The Office Supplies account had a $340 debit balance at the beginning of December. During December, $4,658 of office supplies are purchased. A physical count of supplies at December 31 shows $516 of supplies available. Note: Enter debits before credits. Transaction Debit Credit General Journal Supplies expense Supplies Record entry Clear entry View...
Saved mework B 0 2. As of December 31, the company has earned, but not yet...
Saved mework B 0 2. As of December 31, the company has earned, but not yet recorded, $450 of interest revenu responsible bonds. The interest revenue is expected to be received on January 12 For each of the above separate cases, prepare the required December 31 year-end adjusting e View transaction list Journal entry worksheet 1 2 3 4 5 Depreciation on the company's wind turbine equipment for the year is $5,500. Note: Enter debits before credits. Transaction Credit General...
a. Wages of $6,000 are eamed by workers but not paid as of December 31 b....
a. Wages of $6,000 are eamed by workers but not paid as of December 31 b. Depreciation on the company's equipment for the year is $11,320 e. The Office Supplies account had a $140 debit balance at the beginning of the year. During the year, $5,761 of office supplies are purchased. A physical count of supplies at December 31 shows $626 of supplies available. d. The Prepaid Insurance account had a $5,000 balance at the beginning of the year. An...
Exercise 3-4 Preparing adjusting entries LO P1, P3, P4 a. Wages of $8,000 are earned by...
Exercise 3-4 Preparing adjusting entries LO P1, P3, P4 a. Wages of $8,000 are earned by workers but not paid as of December 31. b. Depreciation on the company's equipment for the year is $12,040. c. The Office Supplies account had a $440 debit balance at the beginning of the year. During the year, $5,464 of office supplies are purchased. A physical count of supplies at December 31 shows $596 of supplies available. d. The Prepaid Insurance account had a...
. Se the information to prepare adjusting entries as of December 31, 2019. View transaction list...
. Se the information to prepare adjusting entries as of December 31, 2019. View transaction list Journal entry worksheet 2 3 4 5 6 The Office Supplies account started the year with a $4,475 balance. During 2019, the company purchased supplies for $18,482, which was added to the Office Supplies account. The inventory of supplies available at December 31, 2019, totaled $3,938. Note: Enter debits before credits. Debit Credit Transaction General Journal Record entry Clear entry View general jour Required...
Wages of $8,000 are earned by workers but not paid as of December 31. Depreciation on...
Wages of $8,000 are earned by workers but not paid as of
December 31.
Depreciation on the company’s equipment for the year is
$10,840.
The Office Supplies account had a $350 debit balance at the
beginning of the year. During the year, $4,791 of office supplies
are purchased. A physical count of supplies at December 31 shows
$529 of supplies available.
The Prepaid Insurance account had a $5,000 balance at the
beginning of the year. An analysis of insurance policies...
Exercise 2-23 Reversing entries (Appendix 2B] Prepare the necessary adjusting entries at December 31, 2018, for...
Exercise 2-23 Reversing entries (Appendix 2B] Prepare the necessary adjusting entries at December 31, 2018, for the Microchip Company for each of the following situations. Assume that no financial statements were prepared during the year and no adjusting entries were recorded I. On October 1, 2018. Microchip lent S91.000 to another company A note was signed with principal and 8% interest to be paid on September 30, 2019. 2. On November 1, 2018, the company paid its landlord $9,600 representing...
Save for each of the above separate cases, prepare adjusting entries required of financial statements December 31. View transaction list Journal entry worksheet The company has a bank loan and has incurred (but not recorded) interest expense of $4,000 for the year ended December 31. The company will pay the interest five days after the year-end on January 5. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal < Prey 2 of...
for each of the above separate cases, prepare adjusting entries required of financial statem December 31 View transaction list Journal entry worksheet The Prepaid Insurance account had a $5,000 balance at the beginning of December. An analysis of insurance policies shows that $2,300 of unexpired insurance benefits remain at December 31. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal < Prev 2 of 4 ! N
For
each of the separate cases, prepare adjusting entries required of
financial statements for the year ended (date of) December 31.
The second photo shows the format of where I put my answers. 1
being transaction a, 2 being transaction b, and so on.
a. Wages of $9,000 are earned by workers but not paid as of December 31 b. Depreciation on the company's equipment for the year is $11,200. c. The Office Supplies account had a $460 debit balance...
For each of the above separate cases, prepare adjusting entries required of finan December 31 View transaction list Journal entry worksheet < 2 3 4 5 6 The Office Supplies account had a $340 debit balance at the beginning of December. During December, $4,658 of office supplies are purchased. A physical count of supplies at December 31 shows $516 of supplies available. Note: Enter debits before credits. Transaction Debit Credit General Journal Supplies expense Supplies Record entry Clear entry View...
Saved mework B 0 2. As of December 31, the company has earned, but not yet recorded, $450 of interest revenu responsible bonds. The interest revenue is expected to be received on January 12 For each of the above separate cases, prepare the required December 31 year-end adjusting e View transaction list Journal entry worksheet 1 2 3 4 5 Depreciation on the company's wind turbine equipment for the year is $5,500. Note: Enter debits before credits. Transaction Credit General...
a. Wages of $6,000 are eamed by workers but not paid as of December 31 b. Depreciation on the company's equipment for the year is $11,320 e. The Office Supplies account had a $140 debit balance at the beginning of the year. During the year, $5,761 of office supplies are purchased. A physical count of supplies at December 31 shows $626 of supplies available. d. The Prepaid Insurance account had a $5,000 balance at the beginning of the year. An...
Exercise 3-4 Preparing adjusting entries LO P1, P3, P4 a. Wages of $8,000 are earned by workers but not paid as of December 31. b. Depreciation on the company's equipment for the year is $12,040. c. The Office Supplies account had a $440 debit balance at the beginning of the year. During the year, $5,464 of office supplies are purchased. A physical count of supplies at December 31 shows $596 of supplies available. d. The Prepaid Insurance account had a...
. Se the information to prepare adjusting entries as of December 31, 2019. View transaction list Journal entry worksheet 2 3 4 5 6 The Office Supplies account started the year with a $4,475 balance. During 2019, the company purchased supplies for $18,482, which was added to the Office Supplies account. The inventory of supplies available at December 31, 2019, totaled $3,938. Note: Enter debits before credits. Debit Credit Transaction General Journal Record entry Clear entry View general jour Required...
Wages of $8,000 are earned by workers but not paid as of
December 31.
Depreciation on the company’s equipment for the year is
$10,840.
The Office Supplies account had a $350 debit balance at the
beginning of the year. During the year, $4,791 of office supplies
are purchased. A physical count of supplies at December 31 shows
$529 of supplies available.
The Prepaid Insurance account had a $5,000 balance at the
beginning of the year. An analysis of insurance policies...
Exercise 2-23 Reversing entries (Appendix 2B] Prepare the necessary adjusting entries at December 31, 2018, for the Microchip Company for each of the following situations. Assume that no financial statements were prepared during the year and no adjusting entries were recorded I. On October 1, 2018. Microchip lent S91.000 to another company A note was signed with principal and 8% interest to be paid on September 30, 2019. 2. On November 1, 2018, the company paid its landlord $9,600 representing...
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