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Question 2 of 4 Question 2 of 4 < -11 Policies Cimrent Attempt in Prcvess J Sheridan Paintball records adjustingentries on anannual that must recorded
Question 2 of 4 < -11 Policies Cimrent Attempt in Prcvess J Sheridan Paintball records adjustingentries on anannual that must recorded the year ended June m, 2021. I. Sheridan Paintball has a note payable with its bank for $51,600. month. 4. S, Sheridan Paintball is open seven days a week and employees are paid a total of $2.870 every Monday tor seven-daq (Monday-Sunday) workweek. June 30.2021. is a Wednesday so employees will have worked thre days (Mondiy Wednesday) before the year end that the-y have not been paid for as at June 30. Ernployees will be paid on Monda*, July 5, 2021. Sheridan Paintball receives a commission from Pizza Shop next door for all pizzas sold to customers usingthe SheridS1 Paintball facility. The amount cwing for June is 5530. which Pizza Shop will pay on July 7.2021. The June utility bill for S405 was unrecorded on June Sheridan Paintball paid the bill on July 9, 2021. Sheridan Paintball sold some equipment on une I. 2021. in exchange for a $7 note receivable. The interest are due on September I. 2021. For each Of the above items. prepare the adjusting entry recuired at June 30.2021. titlesareautonnticalty 'ruented When the amount is entered. DO not indent manually If no entry is required. select No Entry for the titlesaruient&O for the amounts.)
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