The bookkeeper for Abduli Company asks you to prepare the following accrued adjusting entries at December 31.
Question:
1. Interest on notes payable of $400 is accrued.
2. Services performed but not recorded total $2,300.
3. Salaries earned by employees of $900 have not been recorded.
Use the following account titles: Service Revenue, Accounts Receivable, Interest Expense, Interest Payable, Salaries and Wages Expense, and Salaries and Wages Payable.
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Related Book For
Accounting Principles
ISBN: 978-1118875056
12th edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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