Question: https:/ /connect.html?isRege true&returnUrl=https%3A%2F%2Fconnect.mheduca Exercise 3-9 Preparing adjusting entries accrued revenues and expenses LO P1 a. The company provided $3,800 in services to customers that are
https:/ /connect.html?isRege true&returnUrl=https%3A%2F%2Fconnect.mheduca Exercise 3-9 Preparing adjusting entries accrued revenues and expenses LO P1 a. The company provided $3,800 in services to customers that are expected to pay the company sometime in January following the s year-end. b. Wage expenses of $2,800 have been incurred but are not paid as of December 31 c. The c has a $6,800 bank loan and has incurred (but not recorded) 6% interest expense of $408 for the year ended December 31. The company will pay the $408 interest in cash on January 2 following the company's year-end d. The compa ny contracted with a firm for lawn services to be provided at a monthly fee of $680 with payment occurring on the 15th of the following month. Payment for December services will occur on January 15 following the company's year-end e. The company has earned $380 in interest revenue from investments for ar ended December 31. The interest revenue will be recelved on January 15 following the company's year-end f. Salary expenses of $1,080 have been earned by supervisors but not paid as of December 31. Prepare year-end adjusting journal entries as of December 31, 2017, for each of the above separate cases Journal entry worksheet
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