No. | Date | Account title | Debit | credit |
1 | December 31,2023 | Office supplies expense | 13040 | |
Office supplies | 13040 | |||
[Being supplies used 13100-60] | ||||
2 | December 31,2023 | Pet spa supplies expense | 13150 | |
Pet spa supplies (13200-50) | 13150 | |||
3 | December 31,2023 | Depreciation expense | 220 | |
Accumulated depreciation-pet spa equipment | 220 |
**Depreciation expense = [cost-salvage value]/useful life
=[1100-0]/5
= 220
C12.8.2 Make adjusting entries for Mookie The Beagle Spa at December 31, 2023, using the following...
Question 6 GER Corporation's year end is December 31. Prepare the year-end adjusting entries for each of the following situations: (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (a) (b) (C) (d) On January 1, GER had $370 of office supplies on hand. During the year, GER purchased an additional $3,740 of office supplies which it...
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