a. Depreciation on the company's equipment for the year is $6,000. b. The Prepaid Insurance account...
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a. Depreciation on the company's equipment for the year is $6,000. b. The Prepaid Insurance account had a $4,650 debit balance before adjustment. An examination of insurance policies shows $2,500 of unexpired insurance remains. c. Salaries expenses of $2,400 have been incurred but are not paid as of December 31. d. On November 1, the company received $8,700 cash for 6 months' rent in advance from a tenant whose rent is $1,450 per month starting November 1. The $8,700 was credited to the Unearned Revenue account on November 1. No adjustments were made after November 1. View transaction list Journal entry worksheet 1 2 Transaction a. 3 Depreciation on the company's equipment for the year is $6,000. Note: Enter debits before credits. 4 General Journal Debit Credit > a. Depreciation on the company's equipment for the year is $6,000. b. The Prepaid Insurance account had a $4,650 debit balance before adjustment. An examination of insurance policies shows $2,500 of unexpired insurance remains. c. Salaries expenses of $2,400 have been incurred but are not paid as of December 31. d. On November 1, the company received $8,700 cash for 6 months' rent in advance from a tenant whose rent is $1,450 per month starting November 1. The $8,700 was credited to the Unearned Revenue account on November 1. No adjustments were made after November 1. View transaction list Journal entry worksheet < 1 2 3 Transaction b. The Prepaid Insurance account had a $4,650 debit balance before adjustment. An examination of insurance policies shows $2,500 of unexpired insurance remains. Note: Enter debits before credits. 4 General Journal Debit Credit a. Depreciation on the company's equipment for the year is $6,000. b. The Prepaid Insurance account had a $4,650 debit balance before adjustment. An examination of insurance policies shows $2,500 of unexpired insurance remains. c. Salaries expenses of $2,400 have been incurred but are not paid as of December 31. d. On November 1, the company received $8,700 cash for 6 months' rent in advance from a tenant whose rent is $1,450 per month starting November 1. The $8,700 was credited to the Unearned Revenue account on November 1. No adjustments were made after November 1. View transaction list Journal entry worksheet < 1 2 3 Salaries expenses of $2,400 have been incurred but are not paid as of December 31. Note: Enter debits before credits. Transaction C. 4 General Journal Debit Credit > a. Depreciation on the company's equipment for the year is $6,000. b. The Prepaid Insurance account had a $4,650 debit balance before adjustment. An examination of insurance policies shows $2,500 of unexpired insurance remains. c. Salaries expenses of $2,400 have been incurred but are not paid as of December 31. d. On November 1, the company received $8,700 cash for 6 months' rent in advance from a tenant whose rent is $1,450 per month starting November 1. The $8,700 was credited to the Unearned Revenue account on November 1. No adjustments were made after November 1. View transaction list Journal entry worksheet < 1 2 3 Transaction d. 4 On November 1, the company received $8,700 cash for 6 months' rent in advance from a tenant whose rent is $1,450 per month starting November 1. The $8,700 was credited to the Unearned Revenue account on November 1. No adjustments were made after November 1. Note: Enter debits before credits. General Journal Debit Credit > a. Depreciation on the company's equipment for the year is $6,000. b. The Prepaid Insurance account had a $4,650 debit balance before adjustment. An examination of insurance policies shows $2,500 of unexpired insurance remains. c. Salaries expenses of $2,400 have been incurred but are not paid as of December 31. d. On November 1, the company received $8,700 cash for 6 months' rent in advance from a tenant whose rent is $1,450 per month starting November 1. The $8,700 was credited to the Unearned Revenue account on November 1. No adjustments were made after November 1. View transaction list Journal entry worksheet 1 2 Transaction a. 3 Depreciation on the company's equipment for the year is $6,000. Note: Enter debits before credits. 4 General Journal Debit Credit > a. Depreciation on the company's equipment for the year is $6,000. b. The Prepaid Insurance account had a $4,650 debit balance before adjustment. An examination of insurance policies shows $2,500 of unexpired insurance remains. c. Salaries expenses of $2,400 have been incurred but are not paid as of December 31. d. On November 1, the company received $8,700 cash for 6 months' rent in advance from a tenant whose rent is $1,450 per month starting November 1. The $8,700 was credited to the Unearned Revenue account on November 1. No adjustments were made after November 1. View transaction list Journal entry worksheet < 1 2 3 Transaction b. The Prepaid Insurance account had a $4,650 debit balance before adjustment. An examination of insurance policies shows $2,500 of unexpired insurance remains. Note: Enter debits before credits. 4 General Journal Debit Credit a. Depreciation on the company's equipment for the year is $6,000. b. The Prepaid Insurance account had a $4,650 debit balance before adjustment. An examination of insurance policies shows $2,500 of unexpired insurance remains. c. Salaries expenses of $2,400 have been incurred but are not paid as of December 31. d. On November 1, the company received $8,700 cash for 6 months' rent in advance from a tenant whose rent is $1,450 per month starting November 1. The $8,700 was credited to the Unearned Revenue account on November 1. No adjustments were made after November 1. View transaction list Journal entry worksheet < 1 2 3 Salaries expenses of $2,400 have been incurred but are not paid as of December 31. Note: Enter debits before credits. Transaction C. 4 General Journal Debit Credit > a. Depreciation on the company's equipment for the year is $6,000. b. The Prepaid Insurance account had a $4,650 debit balance before adjustment. An examination of insurance policies shows $2,500 of unexpired insurance remains. c. Salaries expenses of $2,400 have been incurred but are not paid as of December 31. d. On November 1, the company received $8,700 cash for 6 months' rent in advance from a tenant whose rent is $1,450 per month starting November 1. The $8,700 was credited to the Unearned Revenue account on November 1. No adjustments were made after November 1. View transaction list Journal entry worksheet < 1 2 3 Transaction d. 4 On November 1, the company received $8,700 cash for 6 months' rent in advance from a tenant whose rent is $1,450 per month starting November 1. The $8,700 was credited to the Unearned Revenue account on November 1. No adjustments were made after November 1. Note: Enter debits before credits. General Journal Debit Credit >
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Financial Accounting Information for Decisions
ISBN: 978-1259533006
8th edition
Authors: John J. Wild
Posted Date:
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