On December 31, 2020, Beautiful Brows Salon received the business cell phone bill for December (Dec. 1

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On December 31, 2020, Beautiful Brows Salon received the business cell phone bill for December (Dec. 1 to Dec. 31) usage of $2,000. It must be paid by January 15, 2021.

a. To prepare the 2020 annual financial statements, record the adjusting entry on December 31, 2020.

b. Record the payment of the cell phone bill on January 15, 2021.

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Fundamental Accounting Principles Volume I

ISBN: 978-1260305821

16th Canadian edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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Question Posted: Dec 12, 2019 02:26 PM

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On December 31, 2020, Beautiful Brows Salon received the business cell phone bill for December (Dec. 1

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2020 a Dec 31 Cell Phone Expense 2000 Account...View the full answer

Fundamental Accounting Principles Volume I

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