Question: How to write the general journal entry for the following Earned but unpaid salaries at year end amounted to $9,750 $8,350 of unearned service revenue
How to write the general journal entry for the following
Earned but unpaid salaries at year end amounted to $9,750
$8,350 of unearned service revenue was earned during the year.
Additional supplies used during the year amounted to $1,600.
Additional depreciation of $3,170 on the furniture and fixtures was not recorded.
Additional interest revenue of $850 was earned but not received.
Prepaid rent at year end was $3,700.
Total interest expense for the year was $1,750.
Inventory on December 31 and found $95,350 goods on hand. Sarah uses the perpetual inventory system. HBO declared a cash dividend of $10,000 on December 31. The dividend will be paid on April 15, 2020.
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