Question: Use the information below to create a general journal -- As of August 31, the company owes its employees $850 of wages to be paid
Use the information below to create a general journal
-- As of August 31, the company owes its employees $850 of wages to be paid on the next payday.
-- A count of office supplies shows that $425 of supplies are on hand.
-- A review shows that $1,525 of boat customization work has been completed, but has never been paid and was never recorded.
-- Record depreciation of $700 on the equipment.
-- The notes accrued $47 of interest during August.
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