The ledger of Buerhle, Inc. on March 31, 2010, includes the following selected accounts before adjusting entries.An
Question:
The ledger of Buerhle, Inc. on March 31, 2010, includes the following selected accounts before adjusting entries.An analysis of the accounts shows the following:1. Insurance expires at the rate of $300 per month.2. Supplies on hand total $900.3. The office equipment depreciates $500 per month.4. 2/5 of the unearned revenue was earned in March.Prepare the adjusting entries for the month ofMarch.
Transcribed Image Text:
Debit 2,400 2.500 Credit Prepaid Insurance Office Supplies Office Equipment 30,000 Unearned Revenue 10,000
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Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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