The bookkeeper for Ahlet Company asks you to prepare the following accrual adjusting entries at December 31.

Question:

(a) Interest on notes payable of $400 is accrued.

(b) Service revenue earned but unbilled totals $1,400.

(c) Salaries of $780 earned by employees have not been recorded.

Use these account titles: Service Revenue, Accounts Receivable, Interest Expense, Interest Payable, Salaries Expense, and Salaries Payable.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471730514

4th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Jul 19, 2024 04:02 PM

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The bookkeeper for Ahlet Company asks you to prepare the following accrual adjusting entries at December 31.

Question:

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Financial Accounting Tools For Business Decision Making

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