Chapter 3 B Problem Solutions

Chapter 3 B Problem Solutions - Prob. 35B 1. a. Insurance...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Prob. 3–5B 1. a. Insurance Expense. ................................................. 5,400 Prepaid Insurance. ............................................. 5,400 Insurance expired ($7,200 – $1,800). b. Supplies Expense. ................................................... 1,230 Supplies. ............................................................. 1,230 Supplies used ($1,980 – $750). c. Depreciation Expense—Building. .......................... 2,000 Accumulated Depreciation—Building. ............ 2,000 Building depreciation. d. Depreciation Expense—Equipment. ..................... 5,000 Accumulated Depreciation—Equipment. ........ 5,000 Equipment depreciation. e. Unearned Rent. ........................................................ 3,900 Rent Revenue. .................................................... 3,900 Rent revenue earned ($6,750 – $2,850). f. Salaries and Wages Expense. ................................ 2,800 Salaries and Wages Payable. ........................... 2,800 Accrued salaries and wages. g.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 10/05/2010 for the course ACCOUNTING n/a taught by Professor N/a during the Summer '09 term at Kaplan University.

Page1 / 2

Chapter 3 B Problem Solutions - Prob. 35B 1. a. Insurance...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online