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a. M&R Company provided $2.000 in services to customers in December. Those customers are expected to pay the company sometime in January following the company's
a. M&R Company provided $2.000 in services to customers in December. Those customers are expected to pay the company sometime in January following the company's year-end. b. Wage expenses of $1000 have been incurred but are not paid as of December 31 c. M&R Company has a $5,000 bank loan and has incurred (but not recorded) 8% interest expense of $400 for the year ended December 31. The company will pay the $400 interest in cash on January 2 following the company's year-end. d. M&R Company hired a firm that provided lawn services during December for $500. M&R will pay for December lawn services on January 15 following the company's year-end, e. M&R Company has earned $200 in interest revenue from investments for the year ended December 31. The interest revenue will be received on January 15 following the company's year-end t. Salary expenses of $900 have been earned by supervisors but not paid as of December 31 Prepare year-end adjusting journal entries for Mer Company as of December 31 for each of the above separate cases. View transaction list Journal entry worksheet
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