Insurance coverage expires on October 31 2017 2 Depreciation expense for the month was 3750 3 Gift cards with remaining balances of 2300 expired on August 31 2017 4 A physical count showed 23000 on supplies on hand at 83117 5 3500 of wages earned from August 2731 will be paid in September 6 The interest rate on the 35000 note payable is 6 7 Received an August phone bill for 250 on September 4 8 The investment balance includes a 15000 certificate of deposit with an interest rate of 2 9 The lease

Answer rating: 100% (QA)

Credit Adjustment Enteries Particulars Insurance expense Prepaid Insurance Debit 12000 1 120... View the full answer