Selected accounts of Welch Company are shown on the shown below. Instructions After analyzing the accounts, journalize

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Selected accounts of Welch Company are shown on the shown below.

Instructions
After analyzing the accounts, journalize
(a) The July transactions
(b) The adjusting entries that were made on July 31.

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Financial and managerial accounting

ISBN: 978-1118016114

1st edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Dec 29, 2012 03:57 AM

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Selected accounts of Welch Company are shown on the shown below. Instructions After analyzing the accounts, journalize

Question:

Supplies Expense 7/31 800 Supplies ,100 7/31 Salaries and Wages Payable 7/1 Bal. 7/10 800 7/31 1,200 200 Accounts Receivable Unearned Service Revenue 900 7/1 Bal. 1,500 750 7/31 620 7/31 7/20 Salaries and Wages Expense Service Revenue 7/15 7/31 1,200 1,200 7/14 7/31 7/31 2,000 900 620

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a July 10 Supplies 200 Cash 200 14 Cash 2000 Service Revenue 2000 15 Salaries and Wa...View the full answer

Financial and managerial accounting

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