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April 3 0 Aeceived s 4 ae , see fron Comerce Bank after signing a 1 2 - eonts, 6 percent, prenissory note. July is

April 30 Aeceived s4ae, see fron Comerce Bank after signing a 12-eonts, 6 percent, prenissory note.
July is Paid for the June 6 purchase.
August 31 Signed a contract to provide security service to a sall apartant complex starting in Septenter, and
Decenber 31 Deternined salary and wages of $32,000 were earned but hot yet paid as of Decenber 31 I 1 gnere payroll
taxes).
Decesber 31 Adjusted the accounts at year-end, relating to interest.
Decenber 31 Adjusted the accounts at year-end, relating to security service.
Required:
. Prepare journal entries for each of the transactions through August 31 and adjusting entries required on December 31.
Show how all of the labilities arising from these tiems are reported on the balance sheet at December 31.
Journal entry worksheet
Journal entry worksheet
Mecord the bewing of 1480.906.
Journal entry worksheet
Journal entry worksheet
Recond the purchase of inestary worth 167,860 on account.
Recard the payment for invernary in fhe.
Pecord the collection of six month's seourity service fees in aovance anounting
to $19,260.
Recort the wages earned, but nat pet peid as of Decamber 31.
Whe: trier aties solive crebles.
Journal entry worksheet
Aecord the adjusting entor relating to security service fees.
Journal entry worksheet
secont use atpasim erity releting to interest.
rantima 3 as 3
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