Question: A partial work sheet for Marge s Place is shown below

A partial work sheet for Marge’s Place is shown below. Prepare the following adjustments on this work sheet for the month ended June 30, 20—.
a. Expired or used- up insurance, $ 450.
b. Depreciation expense on equipment, $ 750. (Remember to credit the Accumulated Depreciation account for equipment, not Equipment.)
c. Wages accrued or earned since the last payday, $ 380 (owed and to be paid on the next payday).
d. Supplies used $110.

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  • CreatedOctober 21, 2014
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