i need help on the last question. Adjusting entries for the...
60.1K
Verified Solution
Link Copied!
Question
Accounting
i need help on the last question.
Adjusting entries for the month of June: Jun 30 (Accrued interest on Bank Loan in the amount of $300 Jun 30 Record monthly depreciation in the amount of $2,800 Jun 30 Accrued salaries expense in the amount of $4,300 Jun 30 Used one month's worth of insurance (see June 10th's transaction) Jun 30 A physical count of office supplies showed $3,200 Jun 30 A physical count of inventory showed $11,050 d) Journalizing Journal Date 30-Jun Account Title & Explanation Adjusting Entries expense PR Intrest Deb 300 3o-Jung Depreciation expese I all. depreciation 30-) un salaries - Salary Payable expense 30-ow insurgose expenso prepaid insurance 930 30 J Office Adjusting entries for the month of June: Jun 30 (Accrued interest on Bank Loan in the amount of $300 Jun 30 Record monthly depreciation in the amount of $2,800 Jun 30 Accrued salaries expense in the amount of $4,300 Jun 30 Used one month's worth of insurance (see June 10th's transaction) Jun 30 A physical count of office supplies showed $3,200 Jun 30 A physical count of inventory showed $11,050 d) Journalizing Journal Date 30-Jun Account Title & Explanation Adjusting Entries expense PR Intrest Deb 300 3o-Jung Depreciation expese I all. depreciation 30-) un salaries - Salary Payable expense 30-ow insurgose expenso prepaid insurance 930 30 J Office
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!