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Used office supplies of $700 Date Accounts and explanation Debit Credit Incurred interest expense of $1,400 Date Accounts and Explanation Debit Credit Employees earned $1,200
Used office supplies of $700 Date Accounts and explanation Debit Credit Incurred interest expense of $1,400 Date Accounts and Explanation Debit Credit Employees earned $1,200 in salaries that will be paid next month. Date Accounts and explanation Debit Credit Journalize the adjusting entry needed at December 31 for each situation. Use the Chart of Accounts to review account names
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