Consider the following situations for Brunswick Welding Services Question Heta (Cick the icon to view the situations) Jounalize the adjusting entry needed on December 31 for each situation Use the letters to label the jounal entries (Record debits first, then credts Select the explanation on the last line f the pumal entry table) a. Depreciation for the current year includes Equipment, $2,100 Date Accounts and Explanation Debit Credit (a) Dec 31 b. Each Monday, Brunswick pays employees for the previous week's work The amount of weekly payroll is $2,100 for a seven-day workweek (Monday to Sunday) This year, December 31 fals on Thursday Date Accounts and Explanation Debit Credit (b) Dec 31 Choose from any list or enter any number in the input fields and then cononue to the next question i ICick the icon to view the situations.) Journalize the adjusting entry needed on December 31 for each situation Use the letters to label the joumal entries (Record debts frst, then credits. Select the explanation on the last line of the jounal ontry table )y b. Each Monday, Brunswick pays employees for the previous week's work. The amount of weekly payroll is $2,100 for a seven-day workweek (Monday to Sunday) This year, December 31 fals on Thursday Date Accounts and Explanation Debit Credit (b) Dec. 31 c. The beginning balance of Office Supplies was $2 100 During the year, Brunswick purchased office supplies for $3,300, and at December 31 the office supplies on hand totaled $1,100 (Assume that Brunswick deba account when supplies are purchased.) Credit Debit Accounts and Explanation Date Journalize the adiusting entry needed on December 31 for each stuation Use the leters to label the joumal entries (Record debts frst, then credts Select the explanation on the lant ine of the ry table o c. The beginning balance of Office Supplies was $2,100 During the year, Brunswick purchased office supplies for $3,300, and at December 31 the office supplies on hand totaled $1,100 (Assume tt Buwck debts an anset account when supplies are purchased) Date Debit Accounts and Explanation Credit (c) Dec 31 d. Brunswick prepaid a two full vears' insurance on October 1 of the curent vear, $5.280 Record insurance expense for the year ended December 31 (When the polcy was purchased on October 1, assume that Brunswick debited an asset account) Choose trom any list or enter any number in the input felds and then continue to the next question Journalize the adiusting entry needed on December 31 for each stuation Use the letters to label the ipumal entries Record debts Sint, ten credts Select te eplanation on the lnd le of the puml try te) d. Brunswick prepaid a two full years insurance on October 1 of the current year, $5,280, Record insurance expense for the year ended December 31. (When the policy was purchaned on October 1, ansume that Bruwick debited an asset account) Date Accounts and Explanation Debit Credit (d) Dec 31 e. Brunswick had earned $3.300 of unearned revenue. (When the cash was received, assume that a iability account was credited) Credit Debit Accounts and Explanation Date e. Brunswick had earned $3,300 of unearned revenue. (When the cash was received, assume that a iability account was credited) Date Accounts and Explanation Debit Credit (e) Dec. 31 f. Brunswick had incur (but not recorded) $170 of interest expense on a note payable. The interest will not be paid unbl February 28. Journalize the adjusting entry needed on December 31 for each situation Use the letters to label the joumal entries (Record debits first, then credits Select the exnlanation on the lan f. Brunswick had incurred (but not recorded) $170 of interest expense on a note payable. The interest will not be paid untl February 28 Date Accounts and Explanation Debit Credit () Dec. 31 g. Brunswick biled customers $7,000 for welding services performed Date Accounts and Explanation Debit Credit (g) Dec. 31 Choose from any list or enter any number in the input fields and then continue to the next question q. Brunswick billed customers $7,000 for welding services performed. Date Accounts and Explanation Debit Credit (g) Dec. 31 Choose from any list or enter any number in the input fields and then continue to the next question. More Info or each situa planation on Depreciation for the current year includes equipment, $2,100. b. Each Monday, Brunswick pays employees for the previous week's work. The amount of weekly payroll is $2,100 for a seven-day workweek (Monday to Sunday). This year, December 31 falls on Thursday The beginning balance of Office Supplies was $2,100. During the year Brunswick purchased office supplies for $3,300, and at December 31 the office supplies on hand totaled $1,100. d. Brunswick prepaid a two full years' insurance on October 1 of the current year, $5,280. Record insurance expense for the year ended December 31 e. Brunswick had earned $3,300 of unearned revenue. f. Brunswick had incurred (but not recorded) $170 of interest expense on a note payable. The interest will not be paid until February 28 g. Brunswick billed customers $7,000 for welding services performed a. C. s performed ation Done Print elds and them
