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M4.4 Recording Adjusting Journal Entries [LO 4-2) Prepare the adjusting journal entries for the following transactions. Of no entry is required for a transaction/event, select
M4.4 Recording Adjusting Journal Entries [LO 4-2) Prepare the adjusting journal entries for the following transactions. Of no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) 1. Supplies for office use were purchased during the year for $500, of which $100 remained on hand (unused) ot year-end. 2. Interest of $250 on a note receivable was eamed at year-end, although collection of the interest is not due until the following year 3. At year-end, salaries and wages payable of $3,600 had not been recorded or paid 4. At year-end, one-half of a $2.000 advertising project had been completed for a client, but nothing had been billed or collected 5. Redeemed a gift card for $600 of services. View transaction list Journal entry worksheet A 8 D E Record the entry for supplies used during the year Note: tenter debits before credits Transacton General Journal Debit Credit Prey 1 of 4 !!! Next >
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