Question
The bookkeeper for DeVoe Ltd asks you to prepare the following accrued adjusting entries at 30 June: (a) Interest on loan of $200 is accrued.
The bookkeeper for DeVoe Ltd asks you to prepare the following accrued
adjusting entries at 30 June:
(a) Interest on loan of $200 is accrued.
(b) Services performed but not yet invoiced total $700.
(c) Salaries of $700 earned by employees have not been recorded.
Use the account names: Service Revenue, Service Revenue Receivable, Interest
Expense, Interest Payable, Salaries Expense, and Salaries Payable.
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Payroll Accounting 2017
Authors: Jeanette Landin, Paulette Schirmer
3rd edition
1259572188, 1259572180, 1259742512, 9781259742514, 978-1259572180
