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ncludes Equipment, $2,100. Debit Credit ounts and Explanation 2.100 -Equipment reciation Equipment 2,100 non equipment. ployees for the previous week's work. The amount of weekly
ncludes Equipment, $2,100. Debit Credit ounts and Explanation 2.100 -Equipment reciation Equipment 2,100 non equipment. ployees for the previous week's work. The amount of weekly payroll is $1,400 for a se Debit Credit counts and Explanation 2,100 1,400 More Info a. Depreciation for the current year includes equipment, $2,100. b. Each Monday, Betterton pays employees for the previous week's work. The amount of weekly payroll is $ 1.400 for a seven-day workweek (Monday to Sunday). This year, December 31 falls on Thursday. c. The beginning balance of Office Supplies was $2,300. During the year. Betterton purchased office supplies for $3.000. and at December 31 the office supplies on hand totaled $1.000. d. Betterton prepaid a two full years insurance on July 1 of the current year, $6,000. Record insurance expense for the year ended December 31. e. Betterton had earned $2.800 of unearned revenue. Betterton had incurred (but not recorded) $200 of interest expense on a note payable. The interest will not be paid until February 28. g. Betterton billed customers $3,000 for welding services performed Print Done
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