Question
Transactions: 12/31/2018 Each Friday, Laughter pays employees for the current week's work. The amount of the weekly payroll is $8,000 for a five-day workweek. This
Transactions:\ 12/31/2018 Each Friday, Laughter pays employees for the current week's work. The amount of the weekly payroll is
$8,000
for a five-day workweek. This year, December 31 falls on a Tuesday, Laughter will pay its employees on January 3.\
(12)/(31)/2018
On January 1 of the current year, Laughter purchased an insurance policy that covers two years,
$8,000
.\
(12)/(31)/2018
The beginning balance of Office Supplies was
$4,300
. During the year, Laughter purchased office supplies for
$5,600
, and at December 31 the office supplies on hand total
$1,500
.\ Reset\ BUSINESS\ December 1, 2018 - February 28, 2019\ COMPANY INFORMATION\ CHART OF ACCOUNTS\ GENERAL JOURNAL\ \\\\table[[Date,Account,Debit,Credit],[
(02)/(28)/2019
,Accounts Receivable -10400,,],[Select an account,,]]
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