Question

Question 3 The bookkeeper for Blossom Company asks you to prepare the following accrual adjusting entries at December 31. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (a) (b) (c) Interest on notes payable of $410 is accrued. Services performed but unbilled totals $1,790. Salaries of $750 earned by employees have not been recorded. Debit Credit No. Date Account Titles and Explanation (a) Dec. 31 (b) Dec. 31 (c) Dec. 31 SHOW LIST OF ACCOUNTS LINK TO TEXT INTERACTIVE TUTORIAL Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER

Answer 1

ANSWER: Credit No (a) Debit $ 410 Date Account Titles and Explanations Dec-31 Interest Expense Interest Payable (To record accrued interest on notes payable) $ 410 (b) $ 1,790 Dec-31 Accounts Receivable Service Revenue (To record unbilled service revenue) $ 1,790 $ 750 Dec-31 Salaries Expense Salaries Payable (To record salaries earned but not recorded) $ 750