Question
1.On December 15, 2014 Jones Inc. received their telephone bill for $200.Jones decides to pay the bill at a later time. 2.At December 31, 2014
1.On December 15, 2014 Jones Inc. received their telephone bill for $200.Jones decides to pay the bill at a later time.
2.At December 31, 2014 the company took an inventory of supplies and found $10,000 on hand.Be sure to book the adjusting entry.
Journal entries for each
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Financial & Managerial Accounting
Authors: Jan Williams
16th Edition
78111048, 978-0078111044
