Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

what are the answers for numbers 41 42 because I dont knwo it. 8,000 750 5,000 39,000 6,000 30,000 $ 88,750 CR 500 500 2,700

what are the answers for numbers 41 42 because I dont knwo it.

image text in transcribed
8,000 750 5,000 39,000 6,000 30,000 $ 88,750 CR 500 500 2,700 950 88,750 12,500 21,000 41,000 DR $ 8 On August 1, 2012, MALCOME received $6,000 in advance for fees to be earned evenly over twelve months beginning on that date. The required On May 1, 2012, MALCOME paid the landlord $9,600 for one year's rent in advance. The adjusting entry at December 31, 2012 would include a: December 31, 2012 Unadjusted Trial Balance MALCOME , INC. Refer to the previous question. The amount of the adjusting journal entry at December 31, 2012 would be: Accumulated Depreciation - Equipment At December 31, 2012 there were $400 of supplies on hand. The adjusting entry would include a: Unearned Fee Revenue Accounts Receivable Insurance Expense Retained Earnings Supplies Expense Interest Expense Salaries Expense Common Stock Rent Expense Notes Payable Fee Revenue Equipment credit to Supplies Expense of $400. Cash adjusting journal entry at December 31, 2012 would include a: debit to Supplies Expense of $550 debit to Rent Expense for $6,400. credit to Prepaid Rent for $3,200. credit to Unearned Fee Revenue debit to Rent Payable for $6,400. the next four questions debit to Prepaid Rent for $3,200 debit to Unearned Fee Revenue credit to Supplies of $400. debit to Supplies of $550. debit to Fee Revenue none of the above none of the above none of the above None of the above debit to Cash 3,500 $ 6,000 $ 2,500 $ 2,000 towp How? How? 44. 42

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Carl Warren

13th Edition

1133607616, 978-1133607618

More Books

Students also viewed these Accounting questions

Question

a. Where is the person employed?

Answered: 1 week ago

Question

CL I P COL Astro- L(1-cas0) Lsing *A=2 L sin(0/2)

Answered: 1 week ago

Question

Technology

Answered: 1 week ago

Question

Population

Answered: 1 week ago