Problem 4 On Oct 1 , Pink Company paid $20,000 for 12 months of office supplies On Oct 31 , the company counted the supplies and noted that $12,200 were on hand Adjusting Accounts Depreciation Directions 1) Prepare GAAP Journal Entries for all of the transactions 2) Include the mathematical calculations (if you have to calculate a number, show the work ) Problem 5 July 1,ABC Company paid $1,500,000 for a building The building will be depreciated over a 25 year period using straight line depreciation The building has a salvage value of $200,000 Assuming that no journal entries have made since the building was purchased, prepare one adjusting journal entry for the period July 1 December 31

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Problem   4 On Oct 1 , Pink Company paid $20,000 for 12  months of office supplies  On Oct 31 , the company counted the supplies and noted that $12,200 were on hand  Adjusting Accounts   Depreciation Directions  1) Prepare GAAP Journal Entries for all of the transactions  2) Include the mathematical calculations (if you have to calculate a number, show the work ) Problem   5 July 1,ABC Company paid $1,500,000 for a building  The building will be depreciated over a 25  year period using straight line depreciation  The building has a salvage value of $200,000  Assuming that no journal entries have made since the building was purchased, prepare one adjusting journal entry for the period July 1   December 31

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Problem #4 On Oct 1 , Pink Company paid $20,000 for 12 -months of office supplies. On Oct 31 , the company counted the supplies

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