Scribd
Upload
7 views2 pages

December Financial Adjustments Summary

Uploaded by

Sarutobi Senju
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
7 views2 pages

December Financial Adjustments Summary

Uploaded by

Sarutobi Senju
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

a.

Accrued service revenue at December 31, $2,850


b. Prepaid rent expired during the month. The unadjusted prepaid balance of
$2,400 relates to the
period December 1, 2016 through February 28, 2017
c. Supplies used during December, $1,400
d. Depreciation on furniture for the month. The estimated useful life of the furniture
is 5 years
e. Accrued salary expense at December 31 for Monday, Tuesday and Wednesday. The
five-day
weekly payroll of $22,000 will be paid on Friday.

You might also like