Martinez Coffeeshop began operations April 1 . At April 3 0 , the trial balance shows the
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Question:
Martinez Coffeeshop began operations April At April the trial balance shows the following balances for selected accounts:
Prepaid Insurance
$
Equipment
Notes Payable
Unearned Revenue
Service Revenue
Analysis reveals the following additional data.
Prepaid insurance is the cost of a year insurance policy, effective April
Depreciation on the equipment is $ per month.
The note payable is dated April It is a month, note.
Services delivered to customers but not recorded at April totalled $
Provided $ of services to customers who had paid at the beginning of the month.
Prepare the adjusting entries for the month of April. Credit account titles are automatically indented when the 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.
Related Book For
Accounting Principles
ISBN: 978-1119048503
7th Canadian Edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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