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Invisible Surveillance Services had the following adjustments as of the end of the year. i (Click the icon to view the adjustments) 6.For each situation,
Invisible Surveillance Services had the following adjustments as of the end of the year. i (Click the icon to view the adjustments) 6.For each situation, indicate which category of adjustment (deferral or accrual) is described. 7. Journalize the adjusting entry needed
- X More info on on a. Equipment depreciation was $1,700. b. $1,600 of advertising expense was incurred but not paid. (Use Advertising Payable.) c. Office Supplies on hand at the end of the year totaled $850. The beginning balance of Office Supplies was $1.000 (Assume no office supplies were purchased during the period) d. $2,200 of rent revenue was earned but not recorded or received e. Unearned revenue of $4,200 has been earned Cred Print Done Credit 6. For each situation, indicate which category of adjustment (deferral or accrual) is described. Adjustment Category of adjustment a b. C. d e 7. Journalize the adjusting entry needed (Record debits first, then credits Select the explanation on a. Equipment depreciation was $1,700 Date Accounts and Explanation Debit Cre (a (a) b. $1.600 of advertising expense was incurred but not paid (Use Advertising Payable) Date Accounts and Explanation Debit Cre (b) c. Office Supplies on hand at the end of the year totaled $850 The beginning balance of Office Supg Date Accounts and Explanation Debit Cre Type here to search o BI 7. Joumalize the adjusting entry needed (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. Equipment depreciation was $1,700. Accounts and Explanation Debit Credit Date (a) b. S1,600 of advertising expense was incurred but not paid. (Use Advertising Payable.) Date Accounts and Explanation Debit (b) Credit c. Office Supplies on hand at the end of the year totaled $850 The beginning balance of Office Supplies was 51,000 (Assume no office supplies were purchased during the perio Date Accounts and Explanation Debit Credit (C) d. 52.200 of rent revenue was earned but not recorded or received Accounts and Explanation Debit Credit Date (d) e. Unearned revenue of $4,200 has been earned Date Accounts and Explanation Debit Credit (e) Step by Step Solution
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