The june utilities expense of 650 is not included in the

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Reference no: EM13588303

1.The supplies available at the end of fiscal year 2013 had a cost of $3,300.
2.The cost of expired insurance for the fiscal year is $3,800.
3.Annual depreciation on equipment is $8,400.
4.The June utilities expense of $650 is not included in the unadjusted trial balance because the bill arrived after the trial balance was prepared. The $650 amount owed needs to be recorded.
5.The company's employees have earned $1,800 of accrued wages at fiscal year-end.
6.The rent expense incurred and not yet paid or recorded at fiscal year-end is $500.
7.Additional property taxes of $1,000 have been assessed for this fiscal year but have not been paid or recorded in the accounts.
8.The long-term note payable bears interest at 12% per year. The unadjusted Interest Expense account equals the amount paid for the first 11 months of the 2013 fiscal year. The $250 accrued interest for June has not yet been paid or recorded.

Reference no: EM13588303

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