Question
Please make corrections entries and adjusting entries: a. The company pays employee salaries of december period, on January 5 of the following year with the
Please make corrections entries and adjusting entries:
a. The company pays employee salaries of december period, on January 5 of the following year with the journal:
Employees salaries expense 575.000.000
Cash 575.000.000
b. A car whose book value is zero turns out that the used car can still be sold at $30,000,000 and recorded with the journal:
Cash 30.000.000
Sales 30.000.000
c. A new machine that was purchased at a price of $300,000,000 with an installation fee of $500,000 was recorded as follows:
Machine 300.000.000
Installation expense 500.000
Cash 300.500.000
d. PT.X bought a truck for $500,000,000, like a painting costs for $100,000. In addition, PT.X also permits and finances the acquisition of a driving license (SIM) B for the truck driver of $15,000.
All expenses are charged as trucking costs, paid in cash.
e. Expenditures for insurance costs in the amount of $24,000,000 for two years overall are recorded as insurance costs.
f. The purchase of office stationery on January 5, 2019 in the amount of $3,000,000, and the remaining amount of $1,000,000, has not been made an adjustment to these costs.
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