A partial work sheet for Marges Place is shown below. Prepare the following adjustments on this work

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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.

A partial work sheet for Marge’s Place is shown below.
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College Accounting

ISBN: 978-1111528126

11th edition

Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille

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