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Laughter Landscaping has collected the following data for the December 31 adjusting entries Click the icon to view the independent cases) Read the requirements Each

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Laughter Landscaping has collected the following data for the December 31 adjusting entries Click the icon to view the independent cases) Read the requirements Each Friday, Laughter pays employees for the current week's work. The amount of the weekly payroll is $5,000 for a five-day workweek. This year December 31 bona Monday. Laughter wel pays employees on January Date Accounts and Explanation Debit Credit Dec 31 Salaries Expense 1.000 Balance Payable 1000 To stars expense b. On January 1 of the current year, Laughter purchases an insurance policy that covers two years, 57.000. When the policy was purchased on January 1, assume that Laudebited an asset account) Date Account and Explanation Debat Credit Dec 31 Insurance Expense Prepaid insurance or ang the toon to view the independent) Read the requirements e. The beginning balance of Office Supples was 54,300. During the year, Laughter purchased office for 15.300, and at December 31 the offices on hand $2.000Assume that her debitant when sur purchased Date Accounts and Explanation Debat Credit Dec 31 Buples perso Once Bus d. During December, Laughter designed a landscape plan and the client prepaid $8.000. Laughter recorded this amount as Unamed Revenue. The job will take several months to complete and Laughter states that the company has earned 50% of the total revenue during the current year Date Accounts and Explanation Debit Credit Dec. 31 Uneamed Ravenue Service Revenue Choose from any list or enter any number in the input fields and then continue to the next question Line Uus cocted the following data for the December 31 adjusting entries: (Click the icon to view the independent cases.) Read the requirements e. At December 31, Laughter had eamed $7,500 for landscape services completed for Lost and Found Appliances. Lost and Found has stated that it will pay Laughter on January 10. Date Accounts and Explanation Debit Credit Dec. 31 Accounts Receivable Service Revenue 1. Depreciation for the current year includes Equipment, $3,900; and Trucks, $2,000. (Prepare a compound entry to record depreciation on both the equipment and the trucks.) Date Accounts and Explanation Debit Credit Dec. 31 Depreciation Expense Equipment Depreciation Expense-Truck Accumulated Depreciation-Equipment Accumulated Depreciation-Truck 9. Laughter has incurred $500 of interest expense on a $950 interest payment due on January 15. Choose from any list or enter any number in the input fields and then continue to the next question. Den Help Laughter Landscaping has collected the following data for the December 31 agusting the Click the icon to view the independent cases) Read the revient Lager has incurred 500 of response on a 100 payment due on January 15 Date Accounts and Explanation Delt Crede Dec 31 interest Payable Requirement. Journalize the wagentjournaler for adjusting entries and Record de first the credits Select the explanation on the last line of the joyable) a. Ench Friday. Les employees for the current week's work. The amount of the weekly payrols 16.000 for a five-day work. This year December 31 tals on a Monday. Laughter will pay is amployees on January 4, Journal tuntumally that Lager wil record on January 4 Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the outfilds and then continue to the next question Laughter Landscaping has collected the following data for the December stating entries Click the icon to view the independentes) Read themes d. During December, Laughter designed andre plan and the client prepaid 5.000. La recorded this was named Rover. The job will the more to come and agree that the company has med 50 percent of the revenue during the current year Journal y Laughter wil record when they is complete Date Accounts and Explanation Debit Cred G.Laught has incurred $500 of Wresterende on a 300 trest payment due on January 15. Journalize the subsequent journal entry that Lagher will record on January 15 Date Accounts and Explanation Debit Credit Choose from any it or enter any number in the mout Selds and then continue to the next

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