Could you show me how to journalize adjusting entries for these information points? a. Earned and unbilled
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Could you show me how to journalize adjusting entries for these information points?
a. Earned and unbilled fees at Apr 30, 2021 were $1,500.
b. The truck has an estimated useful life of four years and no residual value.
c. The insurance policy is effective Apr 1, 2021 and expires on March 31, 2022
d. An inventory count shows $375 of cleaning supplies on hand at Apr 30, 2021.
e. At Apr 30. 2021, $1,000 of the fees collected in advance have been earned.
f. Accrued but unpaid employee salaries were $400.
g. The note payable has a 6% annual interest rate.
Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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