Chapter 03 - Exercise 3-1 1 2 3 B E C 4 5 6 F D A Exercise...

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Exercise 3-1 1. B. 4. F 2. E. 5. D 3. C. 6. A. Exercise 3-2 a. Unearned Fee Revenue. ............................................................... 10,000 Fee Revenue. ............................................................................ 10,000 To record earned portion of fee received in advance. b. Wages Expense. ............................................................................ 9,000 Wages Payable. ........................................................................ 9,000 To record wages accrued but not yet paid. c. Depreciation Expense—Equipment. ........................................... 19,127 Accumulated Depreciation—Equipment. ............................. 19,127 To record depreciation expense for the year. d. Office Supplies Expense. .............................................................. 5,242 Office Supplies ** ....................................................................... 5,242 To record office supplies used ($480 + $5,349 - $587).
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This note was uploaded on 06/29/2008 for the course ACCT 220 taught by Professor William during the Spring '08 term at University of Findlay.

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Chapter 03 - Exercise 3-1 1 2 3 B E C 4 5 6 F D A Exercise...

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