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help! Kodman Company prepares monthly hnanclal statements. Below are listed some selected accounts and their balances in the september so trtar bahnce betore any ad,Justmentis
help! Kodman Company prepares monthly hnanclal statements. Below are listed some selected accounts and their balances in the september so trtar bahnce betore any ad,Justmentis have been made for the month of Septembet. (Note: Debit column does not equal credit column berause this is a portial Histing of selected account batances) An analy sis of the account batsinces by the company's accountant provided the following additionatinformation: 1. A phrsical count of supplies reported $1,400 on hand on 5 eptember 30 . 2 A two-year insurance policy was purchased on lune 1 for 54,800 . 3. Depreciation on the equipment is $3,300 per yeas, 4. Unpald salaries wages at September 30 total $700 Using the above additional information, prepare the monthly adjusting entries for Kidman Compuny on September 30 . (Credit account tities are automatically indented when the omount is entered. Do not indent manustly, If no entry ts redutred, sefect "No Entry* for the sccount thtes and enter 0 for the amounts.)
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