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transactions pla - - X a. Equipment cost $27,000 and is expected to be useful for 10 years, at which time it will have
transactions pla - - X a. Equipment cost $27,000 and is expected to be useful for 10 years, at which time it will have no residual value. Calculate and record amortization for the current year. b. Each Monday, Perryville pays employees for the previous week's work. The amount of weekly payroll is $4,200 for a seven-day workweek (Monday to Sunday). This year December 31 falls on a Thursday. c. The beginning balance of Supplies was $2,500. During the year, Perryville purchased supplies for $2,600, and at December 31, the supplies on hand totalled $1,700 d. Perryville prepaid one year of insurance coverage on July 1 of the current year, $6,480 Record insurance expense for the year ended December 31. e. Perryville earned $3,200 of unearned revenue. f. Perryville incurred $170 of interest expense on a note payable that will not be paid until February 28. g. Perryville billed customers $6,000 for printing services performed. have s. Ex Deb Print Done Calculator Ask my instructor F6 E (DELL Clear all Ch F8 F9 prt sc F10 home end insert F11 F12 +
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