Question

Journalize the adjusting entries at May 31, the end of the accounting period. Omit explanations.
a. Employee salaries owed for Monday through Thursday of a five-day work week equals $7,500.
b. Unearned service revenue now earned $1,250.
c. Depreciation, $1,900.
d. Prepaid rent expired, $550.
e. Interest revenue accrued $980.


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  • CreatedJuly 08, 2015
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