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B 3 M 06) In general journal form, record adjusting entries for the following items for Comish Accounting Co at December 31, 2015 (10 marks)
B 3 M 06) In general journal form, record adjusting entries for the following items for Comish Accounting Co at December 31, 2015 (10 marks) a) On January 3, 2015, 55,600 of supplies were purchased and recorded as an asset. A count revealed $500 still on hand at December 31, 2016 b) Services performed during December but not yet billed to customers totalled $2,500 c) On July 1, 2015, a $10,000 car was purchased on account. The car is expected to last 4 years and have no residual value at the end of its useful life d) On December 31, 2015 utilities owed but not yet paid amounted to $500 e) On January 10, 2015 Comish Accounting Co, accepted a $5,000 deposit from a client for tax work to be completed during the year. The deposit was recorded as uneared revenue. On December 31, 2015 all the tax work for the client is complete TRANSACTIONS DEBIT CREDIT A B) c) D E) Show work if necessary Pathtable > tbody> tr> td > Ri e
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