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Hoffman, Incorporated adjusts its books each month but closes its books at the end of the year. The company's unadjusted trial balance at March 31s
Hoffman, Incorporated adjusts its books each month but closes its books at the end of the year. The company's unadjusted trial balance at March 31s as follows: Credit Debit $ 10,990 9,690 1,370 3,400 30,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation: Equipment Unearned Service Revenue Capital Stock Retained Earnings Dividends Service Revenue Earned Salaries Expense Utilities Expense Rent Expense Totals $ 12,000 6,850 5,550 23,750 1,630 19,190 8, 150 460 1,650 $ 67,340 $ 67,340 Employees are owed $820 for services since the last payday in March, to be paid the first week in April. The amount to be reported in the March Income statement for salaries expense is: Multiple Choice S8150 Next > Hoffman, Incorporated adjusts its books each month but closes its books at the end of the year. The company's unadjusted trial balance at March 31s as follows: Credit Debit $ 10,990 9,690 1,370 3,400 30,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation: Equipment Unearned Service Revenue Capital Stock Retained Earnings Dividends Service Revenue Earned Salaries Expense Utilities Expense Rent Expense Totals $ 12,000 6,850 5,550 23,750 1,630 19,190 8, 150 460 1,650 $ 67,340 $ 67,340 Employees are owed $820 for services since the last payday in March, to be paid the first week in April. The amount to be reported in the March Income statement for salaries expense is: Multiple Choice S8150 Next >
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