The bookkeeper for Crane Company asks you to prepare the following accrual adjusting entries at...
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The bookkeeper for Crane Company asks you to prepare the following accrual adjusting entries at December 31. 1. Interest on notes payable of $570 should be accrued. 2. Services performed but unbilled totals $2,260. 3. Salaries of $800 earned by employees have not been recorded or paid. Use these account titles: Service Revenue, Accounts Receivable, Interest Expense, Interest Payable, Salaries and Wages Expense, and Salaries and Wages Payable. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
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The bookkeeper for Crane Company asks you to prepare the following accrual adjusting entries at December 31. 1. Interest on notes payable of $570 should be accrued. 2. Services performed but unbilled totals $2,260. 3. Salaries of $800 earned by employees have not been recorded or paid. Use these account titles: Service Revenue, Accounts Receivable, Interest Expense, Interest Payable, Salaries and Wages Expense, and Salaries and Wages Payable. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 