P3-5 - 1,100 31-Dec Salaries Expense 4,700 Salaries Payable...

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Jane Alexander Theater Adjusting Entries For the Year Ended December 31, 2007 Debit Credit 31-Dec Depreciation Expense 9,500 Acc. Dep. - Equipment 9,500 31-Dec Interest Expense 1,800 Interest Payable 1,800 31-Dec Cash 50,000 Unearned Admiss. Rev. 50,000 31-Dec Advertising Expense 1,100 Prepaid Advertising Exp.
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Unformatted text preview: 1,100 31-Dec Salaries Expense 4,700 Salaries Payable 4,700 Income Income Statement For the Year Ended December 31, 2007 Revenues Admissions revenue $430,000 Expenses Interest Expense $3,200 Advertising Expense 12,580 Salaries Expense 62,300 Total expenses 78,080...
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This note was uploaded on 09/20/2008 for the course ACC 363 taught by Professor Rossi during the Spring '08 term at University of Phoenix.

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P3-5 - 1,100 31-Dec Salaries Expense 4,700 Salaries Payable...

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