Homework Answers
A : Journal Entry:
| Date | Account Name | Debit | Credit |
| Dec. 31 | Saraies Expense. ( $7000÷5 days × 4days) | $5600 | |
| To Salary Payable | $5600 | ||
| ( to record salary exp.till thursday) |
B : Journal Entry:
| Date | Account Name | Debit | Credit |
| Dec 31 | Insurance Expense | ||
| To Prepaid Insurance | |||
| ( to record insurance expense) |
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All one problem, Thanks for the help in advance! :) Consider each of the following independent...
All one problem, Thanks for
the help in advance! :)
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All one problem, Thanks for
the help in advance! :)
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