Duncan company records all prepayments in income statement

Assignment Help Accounting Basics

Reference no: EM13591918

Duncan Company records all prepayments in income statement accounts. At April 30, the trial balance shows Supplies Expense $2,800, Service Revenue $9,200, and zero balances in related balance sheet accounts. Prepare the adjusting entries at April 30 assuming (a) $1,000 of supplies on hand and (b) $3,000 of service revenue should be reported as unearned.

Reference no: EM13591918

Questions Cloud

Jack green established the jackson trust by a gift in 1999 : jack green established the jackson trust by a gift in 1999. the trust instrument requires that the trustee distribute

List the following compounds in order of increasing lattice : list the following compounds in order of increasing lattice energy from least negative to most negative lii lif cao

The hydroxide reacts with the carbon dioxide to form solid : solid lithium hydroxide is used in space vehicles to remove the carbon dioxide gas exhaled by astronauts. the

Calculate the final temperature of a mixture of 1100 g of : calculate the final temperature of a mixture of 110.0 g of ice initially at -10.5 degrees celcius and 396.0 g of water

Duncan company records all prepayments in income statement : duncan company records all prepayments in income statement accounts. at april 30 the trial balance shows supplies

William severs has been the manager for two years of the : william severs has been the manager for two years of the production department of a company manufacturing toys made of

The designers have two options one tanks is 42l in size and : question an experimental car uses hydrogen as fuel and the tank that can hold gaseous hydrogen. the designers have two

Ose contreras is the new owner of curveball computer : ose contreras is the new owner of curveball computer services. at the end of july 2012 his first month of ownership

During its first year of operations rosa corp has these : during its first year of operations rosa corp has these transactions pertaining to its common stock.jan. 10 issued

Reviews

Write a Review

Required(*) Message

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages