Question: Accounting D . Other Data (Adjusting Chapter 3) Dan 1. An inventory count at the close of 2012 business on October 31 reveals that $1,000

Accounting

D . Other Data (Adjusting Chapter 3) Dan 1. An inventory count at the close of 2012 business on October 31 reveals that $1,000 Oct. 31 of supplies are still on hand. 2. The company didn't record any insurance expense during the period. 31 3. Assume that depreciation on the equipment is $480 a year. 4. From an evaluation of the services Pioneer performed for Knox during October, the company determines that it should recognize $400 of revenue In October. 5. In October, Pioneer Advertising performed services worth of $200 that were not billed to clients. 6. The company didn't record any Interest expense on the Notes Payable during the period. 7. Employees worked three days only from October 26 to October 31

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