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10 The following accounts are used by Mouse Potato, Inc., a computer game maker. Codes 10 points D Accounts Accounts Receivable Accumulated Depreciation Cash Deferred
10 The following accounts are used by Mouse Potato, Inc., a computer game maker. Codes 10 points D Accounts Accounts Receivable Accumulated Depreciation Cash Deferred Revenue Depreciation Expense Equipment Interest Expense Interest Payable Codes I J K L M N 0 P Accounts Interest Revenue Notes Payable (long-tern) Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Service Revenue Supplies Supplies Expense 02:3125 F G eBook Required: For each of the following independent situations, give the journal entry by selecting/entering the appropriate code(s) and amount(s) We've done the first one for you as an example. Hint Independent Situations Print Debit Credit Code Amount Code Amount L $ 400 M $ 400 References a. Accrued wages, unrecorded and unpaid at year-end, $400 b. Service revenue collected in advance, $600. c. At year-end, interest on notes payable not yet recorded or paid $220. d. Depreciation expense for year, $1,000 e. Service revenue eamed but not yet collected at year-end, $1,000 1. Balance in Supplies account. $400; supplies on hand at year-end, $150 Adjusted balance at year-end in Service Revenue account, $75,000 Give the journal entry to close this one account at year-end 0
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