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How do I adjust these entries for the Interest expense to only reflect the amount of 3 months versus 12 months. Also how do I
How do I adjust these entries for the Interest expense to only reflect the amount of 3 months versus 12 months. Also how do I expense the Insurance for only 2 months?
The total amount of Insurance expense is 2400, i need to have the amount for only 3 months, and the interest needs to be for 2 months. The sum total should only be 18,750 and not what I have. How exactly do I calculate those values?
Copy Paste Format Blyv v -v v | To keep up-to-date with security updates, fixes, and improvements, choose Check for U Office Update fc 21 Peyton Approved Adjusting Journal Entries 2018 Put entries i Credit Debit Accounts Date 30-Sep Depreciation Expense 250 250.00 accumulated depreciation 0.0060 00 30-Sep Interest Expense Interest Payable 1.200.00 30-Sep Insurance Expense 1,200.00 Prepaid Insurance 30-Sep Baking Supplies Expense Baking Supplies 17,400.00 17,400.00 30-Sep Office Supplies Expense Office Supplies 550.00 550.00 19450.0019,450.00 Step by Step Solution
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