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Need help with letter (f) Journal Entry... c. Crater Alley, Inc received notes recevable from some customers for services provided. For the current year, accrued

Need help with letter (f) Journal Entry... image text in transcribed
c. Crater Alley, Inc received notes recevable from some customers for services provided. For the current year, accrued interest amounts to $350 and wil be collected nest year Journal Entry Accounts Debit Date Credit 31terest receivable 350 Dec Ieterest revenue 350 d. The beginning balance of Supples was 51,100 During the year $4.200 of supplies were purchased Al December 31, the supplies on hand total $2,100 Jounal Entry Date Accounts Debit Credit 31 Supples epense 3,200 Dec Supplies 3200 e. During the year Crater Aley, Inc received $15, 400 in advance for services to be provided at a later date. As of December 31. Crater Alley, Inc eamed 57.700 of the total fees received in advance during the curent year Journal Entry Accounts Credit Date Debit O More Indo 31 7.700 Unearned service revenue Dec Service revenu 7,700 a. Prior to makng the adjusting entry on December 31, the balance in Prepaid insurance is $4.800. Crater Aley, Inc pays liabity insurance each year on July 1. b. Crater Alley, Inc pays employees each Feday. The amount of the weeky payroll is S18.000 for a fve-day worcweek December 31, the fscal year-end, is a Thursday e Crater Aley, Ine recelved notes recelvable from some customers for services provided. For the curent year, acorued interest amounts to $350 and wil be collected next year d. The beginning balance of Supples was $1,100. During the year, 54200 of supplies were purchased. At December 31, the supplies on hand tota 2.100 During the year, Crater Alley, Inc.received $15.400 in advance for pervices to be provided at a later date. As of December 31, Crater Alley, inc, eamed $7.700 of the total tees recelved in advance duning the current year L Depreciation for the current year incudes Venicles. $2,850, and Equipment, $1,100 L. Depreciation for the current year incudes Vehicles. $2.850, and Equpment, $1,100 Make a compound entry Journal Entry Debit Credit Date Accounts 31 Deprecation expense, vehices 2,850 Dec 2050 Depreciaton expense, eguipment 1100 1,100 Accumulated depreciation, equpment Print Done Choose from any list or erter any number in the input fields and then cick Check

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