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Journal entry worksheet 1.66 points 2 3 4 5 eBook Hint On December 1, 2021, Wolverine receives $2,700 cash from a company that is renting
Journal entry worksheet 1.66 points 2 3 4 5 eBook Hint On December 1, 2021, Wolverine receives $2,700 cash from a company that is renting office space from Wolverine. The payment, representing rent for December and January, is credited to Deferred Revenue. Record the adjusting entry for deferred revenue at its year-end of December 31. Note: Enter debits before credits. Ask Print Date General Journal References December 31 Debit Credit Record entry Clear entry View general journal Journal entry worksheet 166 points Wolverine purchases a one-year property insurance policy on July 1, 2021, for $11,640. The payment is debited to Prepaid Insurance for the entire amount. Record the adjusting entry for Insurance at its year-end of December 31. Note: Enter debits before credits. Debit Credit General Journal Date December 31 References Record entry Clear entry View general journal 5 Journal entry worksheet 166 points eBook Employee salaries of $1,700 for the month of December will be paid in early January 2022. Record the adjusting entry for salaries at its year-end of December 31. Note: Enter debits before credits. Date General Journal References Debit December 31 Credit Record entry Clear entry View general journal VIEW and HSE Journal entry worksheet
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