Question: please show adjusting entry journal work Using the following data, prepare adjusting entries for the month ended August 31. Audio Insurance expired during August, $500.
please show adjusting entry journal workUsing the following data, prepare adjusting entries for the month ended August 31. Audio Insurance expired during August, $500. A count of supplies on August 31 indicated $1,400 on hand. Depreciation on the computer for August is $250. Interest of $90 is accrued on the note payable. Accrued salary for Ima Nurd at August 31 is $3,400. $3,000 of the unearned revenue has been earned. REQUIRED: Prepare the adjusting entries at August 31. General Journal Date Account Titles Ref Debit Credit
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
