Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please answer all parts for a thumbs up rating, thank you ! Since #4 is a bit covered here is what it says 4) Annual

Please answer all parts for a thumbs up rating, thank you !

Since #4 is a bit covered here is what it says

4) Annual commission revenue IQD 400,000

Again please answer all parts for a thumbs up rating image text in transcribed

Exercises Exercise (2-5): The following is a part of trial balance at the end of a period for Shanghai Co.: Account's Name Debit IQD Credit IQD Rent Expense 200,000 Advertising Revenue 900,000 Prepaid Insurance Expense 810,000 Unearned Commission Revenue 450,000 Required: Journalise and post all necessary entries regarding the end of period, based on the follows details? 1. Monthly rent is IQD20,000, starting from 1/1. 2. Quarter advertising revenue is IQD300,000. 3. Prepaid insurance started from (1/11/---) for 18 months. *nual commission revenue IQD400,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Finance: Theory And Practice

Authors: Eddie McLaney

6th Edition

9780273673569

More Books

Students also viewed these Accounting questions