The following represents the T account for Salary Expense for the month of June 2020 1/6...
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The following represents the T account for Salary Expense for the month of June 2020 1/6 Cash 15/6 Cash 30/6 Salary Payable Salary Expense $3,200 $4,500 $4,500 The balance of salary expense to be included on the adjusted trial balance as at 30 June 2020 is? At 30 June 2018, before any year-end adjustments, David Company's Rent expense account had a balance of $5,000 and its Prepaid rent account had a balance of $10000. It was determined that $2,500 of the Prepaid rent had expired. The adjusted balance for Rent expense for the year would be.? The closing capital account balance of a business as of 30 June is $145000. The opening capital account balance on 1 June was $120000. The drawings balance closed off to the capital account was $8000. What was the profit or loss summary balance (profit for the period) closed off to the capital account? The following represents the T account for Salary Expense for the month of June 2020 1/6 Cash 15/6 Cash 30/6 Salary Payable Salary Expense $3,200 $4,500 $4,500 The balance of salary expense to be included on the adjusted trial balance as at 30 June 2020 is? At 30 June 2018, before any year-end adjustments, David Company's Rent expense account had a balance of $5,000 and its Prepaid rent account had a balance of $10000. It was determined that $2,500 of the Prepaid rent had expired. The adjusted balance for Rent expense for the year would be.? The closing capital account balance of a business as of 30 June is $145000. The opening capital account balance on 1 June was $120000. The drawings balance closed off to the capital account was $8000. What was the profit or loss summary balance (profit for the period) closed off to the capital account?
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To find the balance of the Salary Expense account on the adjusted trial balance as of 30 June 2020 w... View the full answer
Related Book For
Financial Accounting
ISBN: 978-0132889711
1st Canadian Edition
Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper
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