Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Create a general journal. 31. June 30: A review of Bytes job worksheets show that there are unbilled revenues in the amount of $9,250 for

Create a general journal.

31. June 30: A review of Bytes job worksheets show that there are unbilled revenues in the amount of $9,250 for the period of June 28-30.
32. June 30: The accountant has calculated the following depreciation expenses for the month:
Building - $230.16
Computer Equipment - $2,990.67
Office Equipment - $50.13
33. June 30: A review of the payroll records show that unpaid salaries in the amount of $1,548.00 are owed to the employees of Byte for three days, June 28 - 30.
34. June 30: J. Collins, the Internal Auditor, indicated that $1,720.00 of the revenue recorded in June will not be earned until August.
35. June 30: The note payable in transaction #5 and transaction #8 is a five-year note, with interest
at 12%. The June interest expense from this note is $869.67.

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_2

Step: 3

blur-text-image_3

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

Accounting For Beginners

Authors: Warren Piper Ruell

1st Edition

1713479397, 978-1713479390

More Books

Students also viewed these Accounting questions

Question

For problem, solve equation to four decimal places. ex = 0.3059

Answered: 1 week ago