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please make sure the answer is correct 100% On Dec. 31.10 Service income 10000 Adjustment at the year end Monthly Service income 1000 * In
please make sure the answer is correct 100%
On Dec. 31.10 Service income 10000 Adjustment at the year end Monthly Service income 1000 * In the Income Statement the amount for the service income is (2) 2000 O 1000 a 12000 10000 On Dec. 31.11 Salaries Expense 3000 Adjustment at the year end Monthly Salaries Expense is 300 * The adjusting entry for the Salaries Expense is ) (2 ) Cr. Salaries Expense 600 O Dr. Accrued Salaries Expense 3600 Cr. Accrued Salaries Expense 600 Dr. Salaries Expense 3000 On Dec. 31.12 Salaries Expense 3000 Adjustment at the year end Monthly Salaries Expense is 300 * In the Income Statement the amount for the Salaries Expense is 2 (2 ) 3000 a 3600 600 300 0Step by Step Solution
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