Question
On November 1, $350 of office supplies was purchased on credit; the terms of the invoice were net 30. All of the supplies were used
On November 1, $350 of office supplies was purchased on credit; the terms of the invoice were net 30. All of the supplies were used during the month of November.
On November 1, a computer laptop was purchased on credit totaling $2,000. The estimated useful life of the computer is three (3) years and is expected to have no salvage value. The invoice terms were 2/10, net 30.
On November 2, a 24-month liability insurance policy was purchased to cover Sunflower Designs. The full cost of the policy, $3,600, was paid in cash on the same date.
On November 4, payroll checks were issued for the wages payable balance.
can you help with the last journal entry? here is the previous info that was given. above the last entry.
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