Prepare the ncessary adjusting entries for december

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Eversure Hosptial's preadjusted trial balance at December 31, 20X1, included the following accounts, among otheres:

Acct No

203 Accrued interest payable $ 0

204 Accrued salaries and wages payable $0

601 Salaries and wages expense $245,600

608 Interest expense $0

250 Bonds payable $120,000

On September 1, 20X1, the hospial issued $120,000, 8 percent, six-month note to a local bank in connetion with a short term loan. AN analysis indicated that employees had earned $33,600 of salaries and wages during 20X1 that had not been paid to them.

Question 1: Prepare, in general journal form, the ncessary adjusting entries for December 31, 20X1

Reference no: EM132565820

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