, other additional information is also available. 1. Salaries unpaid during month $ 1200. 2. Accrued Revenue...
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Question:
, other additional information is also available.
1. Salaries unpaid during month $ 1200.
2. Accrued Revenue unrecorded $ 1550.
3. Insurance expired $ 150 for the month.
4. Charge depreciation on Furniture & equipment $300.
5. Interest accrued on note payable $ 200.
6. Per month rent is $ 1000.
Required:
1. Pass adjusting entries to record additional information.
2. Prepare Worksheet.
3. Pass Closing Entries.
4. Prepare Income Statement, Statement of changes in owner's Equity and classified Balance Sheet.
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