Question: Current Attempt in Progress Andy Roddick is the new owner of Ace Computer Services. At the end of August 2 0 2 5 , his
Current Attempt in Progress
Andy Roddick is the new owner of Ace Computer Services. At the end of August his first month of ownership, Roddick is trying
to prepare monthly financial statements. Below is some information related to unrecorded expenses that the business incurred during
August.
At August Roddick owed his employees $ in wages that will be paid on September
At the end of the month, he had not yet received the month's utility bill. Based on past experience, he estimated the bill would
be approximately $
On August Roddick borrowed $ from a local bank on a year mortgage. The annual interest rate is
A telephone bill in the amount of $ covering August charges is unpaid at August
Prepare the adjusting journal entries as of August suggested by the information above. Credit account titles are automatically
indented when amount is entered. Do not indent manually. If no entry is required, select No entry" for the account titles and enter for the
amounts. List all debit entries before credit entries.
Current Attempt in Progress
Dresser Company's weekly payroll, paid on Fridays, totals $ Employees work a day week. Prepare Dresser's adjusting entry on
Wednesday, December and the journal entry to record the $ cash payment on Friday, January Credit account titles are
automatically indented when amount is entered. Do not indent manually. If no entry is required, select No entry" for the account titles and enter
for the amounts. List all debit entries before credit entries.
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