Pass the necessary journal entries: 1. insurance expires at the rate of 450 per month 2. a

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Pass the necessary journal entries:

1. insurance expires at the rate of 450 per month

2. a count of supplies shows 1050 of unued suplies on may 31

3. annual depreciation of 3600 on the building and 3000 on equipment

4. the morgage interet 6%

5. unearned rent of 2500 has been earned

6. salaries of 900 are accrued and unpaid at may 31

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Financial Accounting

ISBN: 978-0133052152

2nd edition

Authors: Robert Kemp, Jeffrey Waybright

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Posted Date: Feb 27, 2019 01:55 AM

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Pass the necessary journal entries: 1. insurance expires at the rate of 450 per month 2. a

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1 Insurance Ac Dr 450 To Prepaid Insurance 450 2 Closing Stock ... View the full answer

Financial Accounting

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