Question
Journal Entry On Saturday, December 31, the company's owner provided ten hours of service to a customer. The company bills $100 per hour for services
Journal Entry
On Saturday, December 31, the company's owner provided ten hours of service to a customer. The company bills $100 per hour for services provided on weekends. Payment has not yet been received. The owner did not stop in the office on Saturday; as such, on December 31, the services were unbilled and unrecorded. Complete the necessary adjusting entry by selecting the account names and dollar amounts from the drop-down menus.
| Date | Account Title | Debit | Credit |
|---|---|---|---|
| Dec. 31 | selectAccounts ReceivableAccumulated DepreciationCashDepreciation ExpenseEquipmentEquipment ExpenseRent RevenueSalaries ExpenseSalaries PayableService RevenueSuppliesSupplies ExpensesUnearned Rent Revenue | select1010010005000 | select1010010005000 |
| selectAccounts ReceivableAccumulated DepreciationCashDepreciation ExpenseEquipmentEquipment ExpenseRent RevenueSalaries ExpenseSalaries PayableService RevenueSuppliesSupplies ExpensesUnearned Rent Revenue | select1010010005000 | select1010010005000 |
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Guide To Audit Data Analytics
Authors: AICPA
1st Edition
1945498641, 978-1945498640
