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Required information Skip to question [ The following information applies to the questions displayed below. ] During its first year of operations, Walnut Company completed
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The following information applies to the questions displayed below.
During its first year of operations, Walnut Company completed the following two transactions. The annual accounting period ends December
Paid and recorded wages of $ during Year ; however, at the end of Year three days' wages are unpaid and have not yet been recorded because the weekly payroll will not be paid to employees until January of Year Wages for the three days are $
Collected rent revenue of $ on December of Year for office space that Walnut rented to another company. The rent collected was for days from December of Year to January of Year Record the collection of rent on December Record the adjusting entry related to rent revenue.
Note: Enter debits before credits.
Date General Journal Debit Credit
December
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