The bookkeeper for Wildhorse Co. asks you to prepare the following accrual adjusting entries at December 31. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) а. Interest on notes payable of $350 is accrued. b. Services performed but unbilled totals $1,850. C. Salaries of $700 earned by employees have not been recorded.

The bookkeeper for Wildhorse Co. asks you to prepare the following accrual adjusting entries at December 31. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) а. Interest on notes payable of $350 is accrued. b. Services performed but unbilled totals $1,850. C. Salaries of $700 earned by employees have not been recorded.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter6: Cash And Receivables

Section: Chapter Questions

Problem 9RE: Refer to RE6-8. On April 23, 2020, McKinncy Co. receives a check, from Mangold Corporation for...

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On June 1, Bonita Company borrows $106,500 from First Bank on a 6-month, $106,500, 8% note. Prepare the entry on June 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) DateAccount Titles and ExplanationDebitCreditJune 1 Show List of AccountsLink to Text Prepare the adjusting entry on June 30. (Credit account titles are automatically indented when am
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