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its the same answer choices for the 3 starements Wages earned by employees during December 2020, unpaid at December 31, 2020, amounted to $8,250. The
its the same answer choices for the 3 starements
Wages earned by employees during December 2020, unpaid at December 31, 2020, amounted to $8,250. The last payroll was December 28; the next payroll will be January 6, 2020. Office supplies on hand at January 1, 2020, totaled $1,425. Office supplies purchased and debited to Office Supplies inventory during the year amounted to $1,550 and $3,000, respectively. The year-end count showed $1,250 of supplies on hand, Choose... Choose... Deferred revenue: Dr. Revenue $9,540; Cr. Unearned revenue $9.540 Accrued revenue: Dr. Revenue $3,280; Cr. Accounts receivable $3,280 Deferred expense: Dr. Insurance expense $575; Cr. Prepaid insurance $575 Deferred expense: Dr. insurance expense $805; Cr. prepaid insurance $805 Accrued expense: Dr. Wages expense $8,250; Cr. Wages payable $8,250 Deferred revenue: Dr. Cash $3,280; C. Revenue $3,280 Deferred revenue: Dr. Uneared revenue $9,540; Cr. Revenue $9.540 Deferred revenue: Dr. Unearned revenue $3,000; Cr. Revenue $3,000, C. Accrued revenue: Dr. Accounts receivable $3,280; Cr. Revenue $3,280 Deferred expense: Dr. Supplies expense 54.725: Cr. Supplies inventory $4,725 Deferred expense: Dr. Insurance expense $460; C Prepaid insurance 5460 Deferred expense: Dr. Wages payable $8,250; Cr. Wages expense $8,250; Accrued expense: Dr. Prepaid insurance $805: Cr. Insurance expense $805 Step by Step Solution
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