Assignmentwk3 - 500 Interest Payable 500(To record Interest on notes payable Dec 31 Advertising Supply Expense 1,100 Advertising Supplies 1,100(To

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BE3-3 Dec. 31 Advertising Supply Expense 5,000 Advertising Supplies 5,000 (To record supplies used) BE3-4 Dec.31 Depreciation Expense 500 Accumulated Depreciation - Equipment 500 (To record montly depreciation) BE3-5 Dec.31 Insurance Expense 334 Prepaid Insurance 334 (To record insurance expired) BE3-6 Ref. Debit Credit Jul.1 Cash 12,000 Accounts Receivable 12,000 ( 3 year Insurance contract) BE3-7 Dec.31 Interest Expense 400 Interest Payable 400 (To record Interest on notes payable) E3-3 Dec.31 Depreciation Expense 1200 Accumulated Depreciation - Equipment 1200 (To record quaterly depreciation) Dec. 31 Unearned Revenue 60000 Rent Revenue 60000 (To record revenue for rent provided) Interest Expense
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Unformatted text preview: 500 Interest Payable 500 (To record Interest on notes payable) Dec. 31 Advertising Supply Expense 1,100 Advertising Supplies 1,100 (To record supplies used) Dec.31 Insurance Expense 600 Prepaid Insurance 600 (To record insurance expired) Jul.1 Insurance Expense Prepaid Insurance (To record insurance expired) Dec.31 Accounts Receivable Service Revenue (To record revenue for services provided Dec.31 Accounts Receivable 1250 Service Revenue (to record revenue for service provided) 12,000 12,000 12,000 12,000 Dec.31 Salaries Expense 900 1250 Salaries Payable 900 (To record accrued salaries)...
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This note was uploaded on 03/29/2010 for the course ACCT 349 349 taught by Professor Fortune during the Spring '09 term at University of Phoenix.

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Assignmentwk3 - 500 Interest Payable 500(To record Interest on notes payable Dec 31 Advertising Supply Expense 1,100 Advertising Supplies 1,100(To

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