Question: Write an adjusting entry on Dec 31 for the expenses incurred in 2019. A brief description is not needed On August 29, 2019, $3,600 was
Write an adjusting entry on Dec 31 for the expenses incurred in 2019. A brief description is not needed On August 29, 2019, $3,600 was paid for business Insurance for 12 months beginning September 1, 2019. The amount was recorded as prepaid insurance. Adjustment needed be made to reflect the insurance expense incurred in the year 2019. witte an adjusting entry on Dec 31, 2019 based on the following information. A brief description is not needed Staff salaries (515,000) for the month December 2019 would be paid on 4 January 2020
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