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eeded on Dece year includes Ed More Info - X credits. Select the e f Accounts a pays employees ay. Accounts a a. Depreciation for
eeded on Dece year includes Ed More Info - X credits. Select the e f Accounts a pays employees ay. Accounts a a. Depreciation for the current year includes equipment, $2,800. b. Each Monday, Mineral Bluf pays employees for the previous week's work. The amount of weekly payroll is $8,400 for a seven-day workweek (Monday to Sunday). This year, December 31 falls on Thursday. c. The beginning balance of Office Supplies was $3,000. During the year, Mineral Bluf purchased office supplies for $3,200, and at December 31 the office supplies on hand totaled $1,600. d. Mineral Bluf prepaid a two full years' insurance on July 1 of the current year, $6,720. Record insurance expense for the year ended December 31. e. Mineral Bluf had earned $3,600 of unearned revenue. f. Mineral Bluf had incurred (but not recorded) $170 of interest expense on a note payable. The interest will not be paid until February 28. g. Mineral Bluf billed customers $6,000 for welding services performed. ek (Monday to Sunday). Print Done Consider the following situations for Mineral Bluf Welding Services: (Click the icon to view the situations.) Journalize the adjusting entry needed on December 31 for each situation. Use the letters to label the journal entries. (Record debits first, then credits. Select the explanation on of the journal entry table.) a. Depreciation for the current year includes Equipment, $2,800. Date (a) Dec. 311 Accounts and Explanation Debit Credit b. Each Monday, Mineral Bluf pays employees for the previous week's work. The amount of weekly payroll is $8,400 for a seven-day workweek (Monday to Sunday). This year, December 31 falls on Thursday. Date Accounts and Explanation Debit Credit (b) Dec. 31 F e Choose from any list or enter any number in the input fields and then continue to the next question.. c. The beginning balance of Office Supplies was $3,000. During the year, Mineral Bluf purchased office supplies for $3,200, and at December 31 the office supplies on hand totaled $1,600. (Assume that Mineral Bluf debits an asset account when supplies are purchased.) Date (c) Dec. 31 Accounts and Explanation Debit Credit d. Mineral Bluf prepaid a two full years' insurance on July 1 of the current year, $6,720. Record insurance expense for the year ended December 31. (When the policy was purchased on rl July 1, assume that Mineral Bluf debited an asset account.) mly Date IF (d) Dec. 31 ver Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Consider the following situations for Mineral Bluf Welding Services: (Click the icon to view the situations.) Journalize the adjusting entry needed on December 31 for each situation. Use the letters to label the journal entries. (Record debits first, then credit of the journal entry table.) e. Mineral Bluf had earned $3,600 of unearned revenue. (When the cash was received, assume that a liability account was credited.) Date: (e) Dec. 31 Accounts and Explanation Debit Credit rti f. Mineral Bluf had incurred (but not recorded) $170 of interest expense on a note payable. The interest will not be paid until February 28. Debit orl Date (f) Dec. 31 only Accounts and Explanation Credit OTIF Swet mat Choose from any list or enter any number in the input fields and then continue to the next question. S De rti Journalize the adjusting entry needed on December 31 for each situation. Use the letters to label the journal entries. (Record debits first of the journal entry table.) Date (f) Dec. 31 Accounts and Explanation g. Mineral Bluf billed customers $6,000 for welding services performed. Date orl (9) Dec. 31 only TIF wet at i Accounts and Explanation Debit Credit Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. er the foll Click the icc Accounts Receivable alize the ac Accumulated Depreciation-Equipment journal ent Cash Depreciation Expense-Equipment Insurance Expense Date Dec. 31 Interest Expense Interest Payable Office Supplies Prepaid Insurance Salaries Expense Salaries Payable Service Revenue - Mineral Bluf b Supplies Expense Date (g) Dec. 31 Unearned Revenue e letters to Debit Debit Consider the following situations for Mineral Bluf Welding Services: (Click the icon to view the situations.) Journalize the adjusting entry needed on December 31 for each situation. Use the letters to label th of the journal entry table.) Date (f) Dec. 31 Accounts and Explanation Cash collected for future services. Paid cash expenses. rta g. Mineral Bluf b To accrue interest expense. Date worl (g) Dec. 31 only NOTIF nswer To accrue salaries expense. To accrue service revenue. To record depreciation on equipment. To record insurance expense. To record office supplies used. To record service revenue that was collected in advance. Debit Debit Cree What i fx Choose from any list or enter any number in the input fields and then continue to the next
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