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Accounting Question Alpha Company prepares quarterly adjusting entries. On August 31, 2017, Alpha Company purchased equipment with a sticker price of $8,515 and signed a

image text in transcribedAccounting Question

Alpha Company prepares quarterly adjusting entries. On August 31, 2017, Alpha Company purchased equipment with a sticker price of $8,515 and signed a note due information to prepare the general journal entry for the August 31 equipment purchase. Prepare any additional general journal adjusting entries for Fiscal Years 2017 & 2018. Additionally, prepare the general journal entry to record the payment of the note when due in 2018. General Journal Date Dcbit Credit 8/31/17 9/30/17 12/31/17 3/31/18 5/31/18

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