DAN had $2000 beginning balance in utilities payable. He had an ending balance of $4000. Over the
Question:
a. What journal entries did they book to go from the beginning balance to the ending balance?
b. How much more or less expense was booked under the accrual basis than the cash basis?
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Utilities Payable AC Particulars Amount Particulars Amount To Cash 3000 ...View the full answer
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Related Book For
College Accounting
ISBN: 978-1111528126
11th edition
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
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