9) On January 1. Uneamed Revenue d BMCC had a beginning balance of $1,200. During January, the school eamed $1,000 of the deferred revenue. The school also collected $3,000 from a new customer for services to be performed the following month. At the end of January, the Uneskened Revenue account should have a balance of 9) 10) The following Office Supplies account information is available for Nabors Company. $3000 Beginning balance Office Supplies expensed Ending balance 9000 2000 From the above information, calculate the amount of office supplies purchased. 12) 11)BMCC, a magazine company, collected $240,000 in subscription revenue on June 30. Each subscriber will receive an issue of the magazine in each of the next 12 months, beginning with the July issue. The company uses the accrual method of accounting. What is the amount of Subscription Revenue that has been eamed by the end of December? (Round any Intermediate calculations to two decimal places, and your final answer to the nearest whole number.) 11) A) $240,000 B) $120,000 $100,000 D} $140.000 12) BMOC, a magazine company, collected $516,000 in subscription revenue on May 31. Each subscriber will receive an issue of the magazine in each of the next 12 months, beginning with the June issue. The company uses the accruel method of accounting. What is the balance in the Uneamed Revenue account as of December 317 12) A) $301,000 B) 367,000 $215.000 D) 5516,000 13) BMCC, a magazine company, collected $500.000 in subscription revenue in May. Each subscriber will receive an issue of the magazine for each of the next 12 months, beginning with the June issue. The company uses the accrual method of accounting. Prepare the journal entry for collection of cash in May. Ognore explanation. Assume the magazine initially records a liability for the subscription revenue. 14) BMCC, a magazine collected S480.000 in subscription revue in May Each subscriber will receive an issue of the magazine for each of the next 12 months, beginning with the Jungle. The company uses the accrual basis of accounting. Prepare the adjusting entry needed on June 30. Cignore exploration. Assume the magazine initially records a liability for the subscription revenue 15) BMCC has a weeldy payroll of 550.000, December 31, 2015 falls on Thursday and BMCC will pay its employees the following Monday January 4, 2019) for the previous full werk. Assume that the company has a five-day workweek and has an unadjusted balance in Salaries Expense of $$45.000 at December 31 Prepare the December 31, 2018 adiesting 16) BMCC has a weekly payroll of $50,000. Decembert falls on Thursday and MCC will pay its employees the following Monday January 4) for the previous hill we me that the company has a five-day work work and has a unadjusted balance in balans pense of $45.000 Drober 31 Preure the January umul entry
