Part 1:
Part 2:
Part 3:
Part 4:Part 5:
1) Amount of wages paid = 138250-4680 = 133570
2) Journal entry
Supplies expense (2261-1063) | 1198 | |
Supplies | 1198 | |
3) Adjusting entry
No | General Journal | Debit | Credit |
a | Insurance expense ( | 14460 | |
Prepaid insurance | 14460 | ||
b | Insurance expense (19020-4560) | 14460 | |
Prepaid insurance | 14460 | ||
Part 1: Part 2: Part 3: Part 4:Part 5: Determining Wages Paid The wages payable and...
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