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this is my last attempt, I tried to put inventory it says wrong, then I tried to put advertising materials but there is no automatic
this is my last attempt, I tried to put inventory it says wrong, then I tried to put advertising materials but there is no automatic account title for it. what should I do? is it the website error? :(
3. Purchase of advertising materials for $730 during the year was recorded in the Advertising Expense account. On December 31, advertising materials of $308 are on hand 4. Interest of $722 has accrued on notes payable Prepare the following in general journal form. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.) (a) The adjusting entry for each item. No. Account Titles and Explanation 1. Insurance Expense Debit Credit 1310 Prepaid Insurance 1310 2. Rent Revenue 554 Unearned Rent Revenue 554 3 308 Administrative Expenses Admissions Revenue Advertising Expense 308 4.Bad Debt Expense 722 Prepaid Advertising Interest Payable 722Step by Step Solution
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