Question
HW 4 Prepare adjusted entry at the end of account period based on the following transaction. Account receivable (company received cash $4,000 from customer) Office
HW 4 Prepare adjusted entry at the end of account period based on the following transaction.
Account receivable (company received cash $4,000 from customer) Office supplies $2,500 was used after the physical count at the end of accounting period Notes Payable paid $15,000 to creditor at the end of accounting period Accounts payable increased $4,500 to borrow more funds Prepaid rend reduced $1,200 Unearned revenue indicated 20% of project completed with amount $2,000 Interest payable $500 Salary payable $2,400 will pay next pay period Deferred income tax payable $1,750 Depreciation $800 each month
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