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Codes Codes I Accounts Accounts Receivable Accumulated Depreciation -Cash Deferred Revenue Depreciation Expense Equipment Interest Expense Interest Payable Accounts Interest Revenue Notes Payable (long-term) Retained
Codes Codes I Accounts Accounts Receivable Accumulated Depreciation -Cash Deferred Revenue Depreciation Expense Equipment Interest Expense Interest Payable Accounts Interest Revenue Notes Payable (long-term) Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Service Revenue Supplies Supplies Expense Required: For each of the following independent situations, give the journal entry by selecting/entering the appropriate code(s) and amount(s) We've done the first one for you as an example. Independent Situations Debit Credit Code Amount Code Amount a. Accrued wages, unrecorded and unpaid at year-end. 5500 b. Service revenue collected in advance. $700 C. At year-end, interest on notes payable not yet recorded or paid $320 d Depreciation expense for year. $1.500 e. Service revenue earned but not yet collected at year-end. $1.500 f Balance in Supplies account. $500, supplies on hand at year-end. 5200 Adjusted balance at year-end in Service Revenue account. 585.000 Give the journal entry to close this one account at year-end
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