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Take me to the text- Mr. Perry Darling operates an advertising business called Ball Advertising. He had the following adjustments for the month of August
Take me to the text- Mr. Perry Darling operates an advertising business called Ball Advertising. He had the following adjustments for the month of August 2019. Aug 31 Recognized $1,470 insurance expense used for the month. Aug 31 A monthly magazine subscription was prepaid for one year on August 1, 2019 for $336. By August 31, one issue had been received. Aug 31 Computers' depreciation for the month is $800. Aug 31 Salaries for employees accrued by $4,190 by the end of the month. A 30-day contract was started on August 15. The customer will pay $8,340 at the end of the contract in September. Half of the contract was Aug 31 completed by the end of the month. Accrue the revenue eamed by the end of August. Prepare the journal entries for the ablive transactions Do not enter dollar signs or commas in the input boxes found your answers to the nearest whole number. Date Account Title and Explanation Debit Credit 2019 Aug 31 Aug 31 Aug 31 Aug 31 Aug 31 Check To record insurance expense for the month 0 0 To record one month of subscriptions 0 To record depreciation for the month To accrue salaries To accrue revenue earned 0 0
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