Question
Information about ABC Company at 28.02.2019 1.Office supplies used during the month = 1.500 TL. 2.The insurance purchased on 31 January 2019 covers 8 months.
Information about ABC Company at 28.02.2019
1.Office supplies used during the month = 1.500 TL.
2.The insurance purchased on 31 January 2019 covers 8 months. The monthly insurance is expired.
3.The monthly interest for the bank loan is 300 TL, and it will be paid at the due date of the loan.
4.Service in value of 3.000 TL was provided for the Client C (who paid in advance for his reservation).
5.Equipment was bought on 31 January 2019. It will be used for 129 months (useful life). Its monthly depreciation (cost of usage) is .?
Required: Journalize these adjusting entries and prepare the ledger (T-Accounts).
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Intermediate Accounting Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
13th Canadian Edition
1119740460, 978-1119740469
