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A company received the December telephone bill for $906 and the bill for the owner's personal cell phone for $500 on January 5, 2022. The
A company received the December telephone bill for $906 and the bill for the owner's personal cell phone for $500 on January 5, 2022. The bills were paid in January of the next year. The company has a December 31 year end and the business expenses must be recorded for the year ended December 31, 2021. Prepare any required entry. Do NOT use commas or dollar signs in your response. Debit to for Credit to for Utility expense Supplies expense Service Revenue Interest expense Interest payable Interest receivable Salaries Payable Interest revenue Prepaid Expenses Unearned revenue Cash Accounts Receivable Supplies Notes receivable Insurance expense Salaries expense Notes payable Accounts payable Rent expense
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