Question

Refer to the following distribution of commissions: (6 pts) Monthly Commissions Class Frequencies $600 up to $800 3 800 up to
In preparing the financial statements, adjustments for the following data were overlooked: • Unbilled fees earned at August 3
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Answer a
       21.00
Answer b
    107.00
Answer c
       43.00
Adjusting Entries
Account Debit $ Credit $
Accounts Receivable 8,800.00
Fees Earned 8,800.00
Depreciation Expense- Equipment 4,000.00
Accumulated Depreciation- Equipment 4,000.00
Wages Expense 2,820.00
Wages Payable 2,820.00
Supplies Expense 2,460.00
Supplies 2,460.00
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