Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

assignment 4a question 8 Assignment 4-A REQUIRED Question 8 of 8 (b) Your answer is correct. For each of the above transactions, prepare the adjusting

assignment 4a question 8image text in transcribedimage text in transcribedimage text in transcribed

Assignment 4-A REQUIRED Question 8 of 8 (b) Your answer is correct. For each of the above transactions, prepare the adjusting journal entry that is required on December 31. (Hint Use the account Service Revenue for item 3 and Maintenance and Repairs Expense for item 4.) (Round answers to decimal places, eg 5.275. If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Debit Credit Date Account Titles and Explanation Dec. 31. Insurance Expense 1 840 2022 Prepaid Insurance 840 2. Dec. 31, 2022 Rent Expense 4160 Prepald Rent 4160 3. Dec. 31, 2022 Uneared Service Revenue 1280 Service Revenue 1280 Dec. 31, 2022 Maintenance and Repairs Expense 800 Prepaid Cleaning 800 5. Dec. 31, 2022 Unearned Service Revenue 820 Service Revenue 820 e Textbook and Media List of Accounts Attempts: 2 of 3 used peat the joumalantie in perts and to account and determine the nel belerancechacune belence (Note: Poating to the Cech account to not required and answers to decimal places es 5.275. Postentries in the order displayed in the problem statement Prepaid Insurance Prepaid Rent Uncamed Service Revenue >>

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

28th Edition

1337902683, 978-1337902687

Students also viewed these Accounting questions