Question & Answer: onnect.h ρ-a c Connect Tools Help Exercise 3-9 Preparing adjusting entries accrued revenues and expenses LO P1 a. The company provided $2,…..

onnect.h ρ-a c Connect Tools Help Exercise 3-9 Preparing adjusting entries accrued revenues and expenses LO P1 a. The company provided $2,800 in services to customers that are expected to pay the company sometime in January following the companys year end b. Wage expenses of $1,800 have been incurred but are not paid as of December 31 c. The company has d $500 bank loan and has ncurred tut not recorded) 6% interest expense of $348 for the year ended December 31 The company will pay the $348 interest in cash on January 2 following the companys year-end d. The company contracted with a firm for lawn services to be provided at a monthly fee of S580 with payment occurring on the 15th of the following month Payment for December services will occur on January 15 folowing the companys year-end e. The company has earned $280 in interest revenve from investments for the year ended December 31 The interest revenue wil be received on January 15 following the companys year end f. Salary expenses of $980 have been earned by supervisors but not paid as of December 31 Prepare year-end adjusting journal entries as of December 31. 2017, for each of the above separate cases Journal entry worksheet The company provided $2,800 in services to customers that are expected to pay the company sometime in January following the companys year end debts belore cr Pre 6 Next> W E Enver

onnect.h ρ-a c Connect Tools Help Exercise 3-9 Preparing adjusting entries accrued revenues and expenses LO P1 a. The company provided $2,800 in services to customers that are expected to pay the company sometime in January following the company’s year end b. Wage expenses of $1,800 have been incurred but are not paid as of December 31 c. The company has d $500 bank loan and has ncurred tut not recorded) 6% interest expense of $348 for the year ended December 31 The company will pay the $348 interest in cash on January 2 following the company’s year-end d. The company contracted with a firm for lawn services to be provided at a monthly fee of S580 with payment occurring on the 15th of the following month Payment for December services will occur on January 15 folowing the company’s year-end e. The company has earned $280 in interest revenve from investments for the year ended December 31 The interest revenue wil be received on January 15 following the company’s year end f. Salary expenses of $980 have been earned by supervisors but not paid as of December 31 Prepare year-end adjusting journal entries as of December 31. 2017, for each of the above separate cases Journal entry worksheet The company provided $2,800 in services to customers that are expected to pay the company sometime in January following the company’s year end debts belore cr Pre 6 Next> W E Enver

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