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Choices for the table are: accumulated depreciation depreciation expense income tax expense income tax payable insurance expense office supplies office supplies expense prepaid insurance rent
Choices for the table are:
accumulated depreciation
depreciation expense
income tax expense
income tax payable
insurance expense
office supplies
office supplies expense
prepaid insurance
rent income
rent receivable
rental income
salaries expense
salaries payable
service receivable
service revenue
unearned rental income
wages expense
wages payable
Pls help me Thank you
This is the question:
On December the unadjusted balance in Prepaid Insurance was $ This was the amount paid in the middle of the year for a year insurance policy with coverage beginning on July The unadjusted balance in Insurance Expense was $ which was the cost of insurance from January to June Prepare the adjusting journal entry that should be made at year end.
An office space is rented to Harris Travel Agency for $ per month, payable monthly. On December the rent for November and December had not been collected nor recorded to the Rent Income. Collection is expected on January Prepare the adjusting journal entry that should be made at year end
Income taxes for $ were not recorded on December Prepare the adjusting journal entry that should be made at year end.
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