(f) Emery paid $1,200 cash on April 1, 20X1 for 12 months of insurance expense and...
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(f) Emery paid $1,200 cash on April 1, 20X1 for 12 months of insurance expense and recorded it as an asset. Type- Date Why - Account Name PR Debit Credit g) Emery performed services worth $2,000 on December 29, 20X1 and billed the customer on January 3, 20X2. Type- Date Why- Account Name PR Debit Credit h) Emery received a utility billing of $800 on January 5, 20X2 for the utilities used in December 20X1. Type- Date Why - Account Name PR Debit Credit i) Emery purchased $900 of supplies on account in December 2, 20X1 of which, at year end, $200 of the supplies remains unused. Type - Date Why- Account Name PR Debit Credit (f) Emery paid $1,200 cash on April 1, 20X1 for 12 months of insurance expense and recorded it as an asset. Type- Date Why - Account Name PR Debit Credit g) Emery performed services worth $2,000 on December 29, 20X1 and billed the customer on January 3, 20X2. Type- Date Why- Account Name PR Debit Credit h) Emery received a utility billing of $800 on January 5, 20X2 for the utilities used in December 20X1. Type- Date Why - Account Name PR Debit Credit i) Emery purchased $900 of supplies on account in December 2, 20X1 of which, at year end, $200 of the supplies remains unused. Type - Date Why- Account Name PR Debit Credit
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Related Book For
Accounting
ISBN: 978-0176509743
Volume 1, 2nd canadian Edition
Authors: Carl warren, James Reeve, Jonathen Duchac, Sheila Elworthy,
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