Company is open 7 days a week and has a daily payroll of

Reference no: EM13570809

1.Company is open 7 days a week and has a daily payroll of $1750. employees are paid every friday, december 31 is a tuesday. 30% of payroll is for HR employees and 70% for IT employees.what is the correct adjusting entry?

2. Company rented idle office space to BB on june 1, 2012 rate of $1250 per month on this date company credited unearned rent revenue for one year of rent recieved in advance.what is the correct adjusting entry?

3.depreciation office eq, double-declining method, assets purchased june 1, residual vale = $5000 service life of 4 yr.what is the correct adjusting entry?

4. Oct 1, 2012 company issued 5 month note recievable to inc at annual interest rate of 9% principle and interest will be paid at end of 5 months note was recorded in notes recievable and is the only note outstanding.what is the correct adjusting entry?

Reference no: EM13570809

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