Please help! It would be greatly appreciated!
1)Account receivbale(db)3880
service revenue(cr)3880
2)Allowance for doubtful account(db)200
account receivable(Cr)200
total receivables=3980+4390-2550=5820
3)bad debt expense(dB) (5820*3%)+200=374.6
Allowance for doubtful account(cr)374.6
4)depreciation expense(db) (5120-800)/(4*12)=90
acc depreciation -equipment(cr)90
5)insurance expnse(db)11040/12=920
prepaid isnurance(db)920
6)supplies expense(db)1000-410=590
supplies(cr)590
7)unearnd service revenue(db)540/4=135
service revenue(Cr)135
8)salaries and wag expense(db)490*4=1960
salaries and wages payable(Cr)1960
9)interest expense(db)8000*6%*(1/12)=40
interest payable(cr)40
10)income tax expense(db)
income tax payabel(Cr)
Please help! It would be greatly appreciated! Comprehensive Accounting Cycle Review 11-2 Karen Noonan opened Larkspur...
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