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1 in a recent balance sheet microsoft corporation reported property plant and equipment of 7223 million and accumulated
1 the balance in the equipment account is 925700 and the balance in the accumulated depreciation-equipment account is
1 the estimated amount of depreciation on equipment for the current year is 1840 journalize the adjusting entry to
1 northwest financial services was organized on april 1 of the current year on april 2 northwest prepaid 4500 to the
assume that the error in exercise 3-15 was not corrected and that the 4950 of accrued salaries was included in the
1 accrued salaries of 4950 owed to employees for december 30 and 31 are not considered in preparing the financial
the wages payable and wages expense accounts at october 31 after adjusting entries have been posted at the end of the
1 canyon realty co pays weekly salaries of 3700 on friday for a five-day workweek ending on that day journalize the
the adjusting entry for accrued fees was omitted at march 31 the end of the current year indicate which items will be
1 the balance in the unearned fees account before adjustment at the end of the year is 112 790 of these fees 69735 have
at the end of the current year 8140 of fees have been earned but have not been billed to clientsa journalize the
1 at the end of february the first month of the business year the usual adjusting entry transferring rent earned to a
1 the balance in the unearned fees account before adjustment at the end of the year is 38375 journalize the adjusting
the prepaid insurance account had a balance of 5400 at the beginning of the year the account was debited for 6000 for
the balance in the prepaid insurance account before adjustment at the end of the year is 11500 journalize the adjusting
at march 31 the end of the first month of operations the usual adjusting entry transferring prepaid insurance expired
the supplies and supplies expense accounts at december 31 after adjusting entries have been posted at the end of the
1 the balance in the supplies account before adjustment at the end of the year is 1736 journalize the adjusting entry
the following accounts were taken from the unadjusted trial balance of washington co a congressional lobbying firm
classify the following items asnbspa prepaid expensenbspb unearned revenuenbspc accrued revenue ornbspd accrued
a explain the purpose of the two accounts depreciation expense and accumulated depreciationnbspb what is the normal
on july 1 of the current year a business paid the july rent on the building that it occupiesa do the rights acquired at
1 what is the nature of the balance in the prepaid insurance account at the end of the accounting periodnbspa before
1 does every adjusting entry have an effect on determining the amount of net income for a period
if the effect of the credit portion of an adjusting entry is to increase the balance of a liability account which of