Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can someone help me with the narrations under the journal entries? are the ones that I have done correct? Date 30 June 2022 30 June

can someone help me with the narrations under the journal entries? are the ones that I have done correct?

image text in transcribed

Date 30 June 2022 30 June 2022 30 June 2022 30 June 2022 30 June 2022 30 June 2022 30 June 2022 30 June 2022 30 June 2022 Details Doubtful Debt Expense Allowance for Doubtful Debt To record estimated doubtful debt Prepaid Insurance Expense Prepaid Insurance Purchasing insurance Office Supplies Expense Office Supplies Office supplies used Depreciation Expense Furniture & Fittings Accumulated Depreciation Depreciation of furniture occurred Depreciation Expense - Delivery Van Accumulated Depreciation Depreciation of delivery van occurred Depreciation Expense Computer & Printer package Accumulated Depreciation Depreciation of Computer & Printer package occurred Salaries Expense Salaries Payable Salaries to be paid Sales Revenue Unearned Sales Revenue Telephone Bill Expense Telephone Bill Payable Debit ($) 1,700 3,400 5,030 13,608 8,100 400 3,140 2,150 970 Credit ($) 1,700 3,400 5,030 13,608 8,100 400 3,140 2,150 970

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Financial Accounting

Authors: Michael J. Jones

1st Edition

0470058986, 978-0470058985

More Books

Students also viewed these Accounting questions

Question

=+What does this say for the future of the business case for CSR?

Answered: 1 week ago