Selected accounts of Urdu Company are shown below. Instructions From an analysis of the T-accounts, reconstruct (a)
Question:
Instructions
From an analysis of the T-accounts, reconstruct
(a) The October transaction entries, and
(b) The adjusting journal entries that were made on October 31, 2008. Prepare explanations for each journalentry.
Transcribed Image Text:
Supplies 470 2,400 1,650 Beg. Bal. 800 10/31 10/31 Salaries Expense Salaries Payable 10/15 800 600 10/31 10/31 Unearned Service Revenue Supplies Expense 10/31 400 10/20 10/31 470 Service Revenue 10/31 10/31 2,400 1,650 400
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a 1015 Salaries Expense 800 Cash 800 To record payment of October 15 payroll 1017 Accounts ...View the full answer
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Related Book For
Intermediate Accounting principles and analysis
ISBN: 978-0471737933
2nd Edition
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
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