Exxercise 22-15 1. 2. 3. rat sudit or the books or Bonita Ccmpany was made forthe year ended Decemoer 31, 2018. In coamining the bDoks, the suditor found tnat certain items had bcen overcoked or incorectly ? ndled in t72 last 3 ycars. Thesc tem Atthe dieginning ? 2 16, the cumpany purchased a machine or $561 0 U salvage value of $56 luu that ?3d a userul ife of 6 years. The bookkeeper used st eight line dep lat on but ailed to deduct the salvage value in computing the deprecation ese or thu years. Atthe end of 2017,?? company falled to acrue sales salaries of $47,OCO which was pald in 2013 and was cebted tc salaries and wages Expense. A tar la suit that in o w t y ar?016 as settled late in 2016 It as determined that th ? mpany a en an ad tional $? ann in tas s e ate ta?016 Thi n mpany did nce re ard a liabilit in 701 6a 2017 b a i ti poestili at los, was no sidered emnt , and cnar nd the sRq nn s luss ecoount in 2018. 4. Bonta Company purchased a copyright from another company earty in 2016 or $54,00. Bonra ?ad not amortized thecop nght because its value had ?t di irished. The copyright has a useful life at purchase or 20 years. 5. In 201B, tha company wore 87,000 af tory coraidernd to be ahsoicte this lasa was charged diracty to Retained Earnings. Prepere ejournal en nes recessary in 2018 to correct re buuks essur "" that the books lyve not been cceed Disegerc effects o cor ecbors or mcorre dx. Credit account es are ?1 om ? caNy n ented w en armount s entere Do not ndent manua y 1fno entry s requ red select "No Entry" for the account tities and enter for the amoumts. Round answers to O decimal paces, cg, 1250.) No. Account Titles and Explanation Credit 2. 5. Exxercise 22-15 1. 2. 3. rat sudit or the books or Bonita Ccmpany was made forthe year ended Decemoer 31, 2018. In coamining the bDoks, the suditor found tnat certain items had bcen overcoked or incorectly ? ndled in t72 last 3 ycars. Thesc tem Atthe dieginning ? 2 16, the cumpany purchased a machine or $561 0 U salvage value of $56 luu that ?3d a userul ife of 6 years. The bookkeeper used st eight line dep lat on but ailed to deduct the salvage value in computing the deprecation ese or thu years. Atthe end of 2017,?? company falled to acrue sales salaries of $47,OCO which was pald in 2013 and was cebted tc salaries and wages Expense. A tar la suit that in o w t y ar?016 as settled late in 2016 It as determined that th ? mpany a en an ad tional $? ann in tas s e ate ta?016 Thi n mpany did nce re ard a liabilit in 701 6a 2017 b a i ti poestili at los, was no sidered emnt , and cnar nd the sRq nn s luss ecoount in 2018. 4. Bonta Company purchased a copyright from another company earty in 2016 or $54,00. Bonra ?ad not amortized thecop nght because its value had ?t di irished. The copyright has a useful life at purchase or 20 years. 5. In 201B, tha company wore 87,000 af tory coraidernd to be ahsoicte this lasa was charged diracty to Retained Earnings. Prepere ejournal en nes recessary in 2018 to correct re buuks essur "" that the books lyve not been cceed Disegerc effects o cor ecbors or mcorre dx. Credit account es are ?1 om ? caNy n ented w en armount s entere Do not ndent manua y 1fno entry s requ red select "No Entry" for the account tities and enter for the amoumts. Round answers to O decimal paces, cg, 1250.) No. Account Titles and Explanation Credit 2. 5
