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Required information The folowing infonmation appiies to the questlons displayed below. Dyor, Inc., completed its first ycar of operations on Docember 31, 2018, Because this
Required information The folowing infonmation appiies to the questlons displayed below. Dyor, Inc., completed its first ycar of operations on Docember 31, 2018, Because this is the end of the annual accounting period, the company bookkeeper prepared the following preliminary income statement Income Statement, 2018 Rent Revenue Expenses: $117,500 Salaries and Wage $29,200 Expense Repairs and Maintenance Rent Expense Utilities Expense Travel Expense Total Expenses Expense 13,700 9,700 4,700 61.000 56,500 Income You are an independent CPA hired by the company to audit the firm's accounting systems and financial statements. In your audit, you developed additional data as follows: a Wages for the last three days of December amounting to $380 were not recorded or paid. b. The $470 telephonebl for December 2018 has not been recorded or paid. c Depreciation of equipment amounting to $23,700 for 2018 was not recorded. d. Interest of $570 was not recorded on the notes payable by Dyer, Inc. e. The Rental Revenue account includes $4,700 of revenue to be carned in January 201S f Supplies costing $670 were used during 2018, but this has not yet been recorded. g. The income tax expense for 2018 is $7,700, but it won't actually be paid until 2019 Required: 1 Prepare adjusting joumal entry for each Item fa) through fgshould be recorded at December 31, 2018. (If no entry Is required for a transaction/event, select 'No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the entry for wages for the last three days of December amounting to $380 that were not recorded or paid Note: Enter debits before credits. nsacti General Journal Debit Credit Record entry Clear entry View general journal
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