Sound Company made the following adjusting journal entries at December 31, 2015: Instructions Journalize the reversing entries
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Instructions
Journalize the reversing entries required.
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a. Depreciation Expense 2,100 Accumulated Depreciation- Buildings Building depreciation. b. Depreciation Expense 3,000 Accumulated Depreciation Equipment 3,000 Equipment depreciation. c. Salaries and Wages Expense 800 Salaries and Wages Payable Accrued salaries and wages. d. Insurance Expense 4,500 Prepaid Insurance 4,500 Insurance expired. e. Accounts Receivable 2,150 Foes Earned Accrued fees earned 2,150 f Supplies Expense 1.125 Supplies Supplies used Unearned Rent 1,125 g. 2,100 Rent Revenue Rent eamed 2,100
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Related Book For
Accounting
ISBN: 978-0176509743
Volume 1, 2nd canadian Edition
Authors: Carl warren, James Reeve, Jonathen Duchac, Sheila Elworthy,
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