Question
how would you record this as an adjusting entry 1. Salaries earned by employee not yet paid amounted to $182,500 at June 30, 2022 2.
how would you record this as an adjusting entry
1. Salaries earned by employee not yet paid amounted to $182,500 at June 30, 2022
2. On June 30, 2022 $145,000 of the previously unearned sales revenue had been earned.
3. The aging of the Accounts Receivables schedule at June 30, 2022 indicated that the Allowance for bad debt should be $130,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Introduction To Accounting
Authors: Peter Scott
2nd Edition
0198849966, 978-0198849964
