Question: Question 1 of 4 V ... / 10 E View Policies Current Attempt in Progress The records of Townsville Ltd contain the following information at

Question 1 of 4 V ... / 10 E View Policies
Question 1 of 4 V ... / 10 E View Policies Current Attempt in Progress The records of Townsville Ltd contain the following information at 31 December, the end of the year. Ignore GST. H Wages earned but not paid total $1,520. Depreciation on the office equipment is $9,630. Interest of $550 has accrued on a loan payable. Services performed for clients, but not yet recorded, amount to $4,831. On 15 September, the company paid $2,130 for a 6-month advertising campaign beginning on that date. This transaction was recorded by debiting Prepaid Advertising. At the end of the year, advertising costing $1,660 had been consumed. O The unearned revenue account has a balance of $1,188, recorded when cash was received on 1 November. It was expected the $1,188 would be earned equally over November, December and January. N The company decided to declare a dividend of $8,900 to its shareholders on 31 December. Your answer has been saved. See score details after the due date

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