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Record the following entries for March 31 Explanations are not required. a. The balanc

Record the following entries for March 31.   Explanations are not required.

a. The balance of the prepaid rent account is $1,200 of the original $3,000.

b. The balance of the unearned revenue account is $5,000 of the original $7,500.

c.  Depreciation on machinery is 15% of the depreciable cost of $10,000.

 

47) Journalize the following entries for December 31.   Explanations are not required.

a.  Depreciation expense on office equipment was $639.

b.  Used supplies for the year was $1,057.

c.  Earned subscription revenue for the year was $875.

 

Dec 26 2019 Read more Less More

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