Transcription of Quick Question On Adjusting Journal Entries
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QuickQuestionOn AdjustingJournalEntriesMakeSeptember30 AdjustingJournalEntriesassumingaone- $450.$ 'IJrHngbalanceof$ $4, ,thecompanybadpaidforatbree-year,$7, $1,000forthefive-dayworkweekwouldbepaido nFriday, $ ,QuickQuestionOnPreparingAnIncomeStateme ntAndBalanceSheetMakea December31, 1995 IncCllJll'>Statementand BalanceSheetfor $1,900 Capital, , 1995$1,500 RentExpense1,000 Withdrawals400 AccountsPayable800 SalariesPayable200Eq\lipment1,500 SalariesExpense300 UnearnedStorageFees200 DepreciationAccumulatedDepreciation:Expe nse:Equipment100Eq\lipment500 TelephoneExpense100 EarnedStorageFees2,500 AccountsReceivable400
Quick Question On Adjusting Journal Entries Make September 30 Adjusting Journal Entries ... D. Sa20laries of $1,000 for the five-day work week would be paid on Friday, October 2. Make both the adjusting and reversing entries. E. The company ccmpleted construction work valued at $500 for a company that had paid in advance. F. Make the October 2 ...
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