Question
Format Painter Clipboard 2 % Font merge & Ceme Formatting Table- Alignment Number Styles A B C D E F G H me ledger
Format Painter Clipboard 2 % Font merge & Ceme Formatting Table- Alignment Number Styles A B C D E F G H me ledger of Pepperdine Surfboard Company on March 31, 2017 includes these selected account balances before adjusting entries are prepared: wepaid Expenses $ 2.000; Supplies $1,800, Unearned Revenue $ 1,500 Date Transaction Summary The "Prepaid Expenses" account consists of insurance 3/31 services paid for in advance, which expires at the rate of $200 per month 3/31 Supplies on hand on 3/31 total $800. m 3/31 "Unearned revenue" consists of cash deposits received for wurf lessons. By 3/31, half of the lessons have been provided. 3/31 PSC owes $3000 to employees for work perfonned in March, to be paid in April. 3/31 In March, PSC perfonned $1,200 of surf lessons on account to the local high school surf team, to be paid in April. Transaction Analysis Journal Entries Accounts Impacted Type Impact D or C Amount Account Title D C Acct 1: Insurance Expense Acct 2: Acct 1: Acct 2 Acct 1 Acct 2 Acct 1: Acct 2 Acct 1: Acct 2 23
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