Question
Assume the company records adjusting entries monthly Journalize the adjusting entries needed as of January 31 (Record debts first, then credits. Select the plane of
Assume the company records adjusting entries monthly Journalize the adjusting entries needed as of January 31 (Record debts first, then credits. Select the plane of the journal entry table) a. Business receives $2,200 on January 1 for 10-month service contract for the period January 1 through October 31 (When the cash was received on January 1 asume that a laty account was Arcsa performed evenly each month throughout the term of the contract) Date Jan 31 Accounts and Explanation Unearned Revenue Service Revenue Debit 2200 Credit 2200 b. Total salaries for all employees is $3,600 per month Employees are paid on the 1st and 15th of the month Date Jan 31 Salaries Expense Salaries Pavable Accounts and Explanation Debit Credit 3600 3600 Choose from any list or enter any number in the input fields and then continue to the next question. 341 PM Assume the company records adjunding entries monthly Journalice the adjusting entries needed as of January 31 (Record debts first, then cred Seed the explanation of the anal entry tab Salaries Payable c. Work performed but not yet billed to customers for the month is $1,800 Date Accounts and Explanation Jan 31 Accounts Receivable Service Revenue 3600 Debit Crede 1800 1000 d. The company pays interest on its $10,000.5% note payable of $42 on the first day of each month Choose from any list or enter any number in the input fields and then continue to the next question Assume the company records adjunting entries monthly Joumalize the adjusting erilis 246823 January Jr. proku Jan 31 Accounts Receivable Service Revenue 1000 1800 d. The company pays interest on its $10.000, 5% note payable of $42 on the first day of each month Date Jan 31 Interest Expense Accounts and Explanation Debit Credit 42 Interest Payable 42 Choose from any list or enter any number in the input fields and then continue to the next question 342PM Journalize adinating antica noaded.conf laguan 21 Danced dobite feat than sendite Colette inntion ayable of More Info - X a. Business receives $2,200 on January 1 for 10-month service contract for the period January 1 through October 31. (Assume services are performed evenly each month throughout the term of the contract.) b. Total salaries for all employees is $3,600 per month. Employees are paid on the 1st and 15th of the month. C. Work performed but not yet billed to customers for the month is $1,800. d. The company pays interest on its $10,000, 5% note payable of $42 on the first day of each month. ut fields and then continue to the next question Print Done
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