Question
2 Question Two: (7.5 points) You are given the following information The prepaid insurance account shows a debit balance of $4,680, representing the cost of
2 Question Two: (7.5 points) You are given the following information The prepaid insurance account shows a debit balance of $4,680, representing the cost of a three-year fee insurance policy that was purchased on October 1 of the s b. The office supplies account has a beginning debit balance of $800. During the year, $3,200 in supplies were purchased. A year-end inventory counts $160 of On December 1 of the current year, the company received $6,000 in cash from another company that is resting office space in the company's building. The p and January, was credited to unearned revenue On October 1 of the current year, the company lent $180,000 to another company. A note was signed with principal and Required: Record the December 31 adjusting entries in the general journal. Assume that December 31 in the e sting for December to be paid on September 30 of the set yow al occovering period. (Explanations un not required) Date General Journal and Submit to save and submit. Click Save All Anneers to save all answers. Dr. Seve Al Arawers Case Window
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