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The trial balance of LMNOP Company Inc. Contains the following accounts at September 30, 2015. 100 4) September 30 is a Wednesday. Weekly salary
The trial balance of LMNOP Company Inc. Contains the following accounts at September 30, 2015. 100 4) September 30 is a Wednesday. Weekly salary is $12,500 and was last paid on Friday September 25. The work week is Monday-Friday. 5) The landlord required rent to be paid 5 months in advance as of June 1, 2015. 6) The unearned revenue was for work paid for in advance and to be completed by Au gust 31. The deadline was met 1) Required: Prepare any necessary adjusting entries. 17 marks 400 P00 8,000 hate Entry A 13,000 FUL 400 5,000 500 The following information is made available to you the accountant: 1) Store supplies on had totalled $5,500.00 2) Depreciation is $40,000 on the office equipment and 530,000 on the other equip ment 3) Interest of $8,000 is accrued on notes payable at September 30, 2015. 2) Prepare and Adjusted Trial Balance: 10 marks) I Ond
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