Ch3 - Prepaid Insurance Cash Debit Credit 500 500 Prepaid...

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Debit Credit PPD Ins Prepaid Insurance 500 500 Cash 500 1,500 1,000 Prepaid Insurance 1,500 Cash 1,500 Insurance Expense 1,000 Prepaid Insurance 1,000 Interest Receivable 1,100 Interest Revenue 1,100 Unearned Rev Unearned Revenue 800 800 Revenue 800 Salary Expense 8,400 Salary Payable 8,400 Weekly Salary 3 days Taxes Expense 5,500 Taxes Payable 5,500 Income b/4 taxes 25%
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1,000 1,200 400 14,000 8,400 22,000 5,500
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Debit Credit Interest Expense 9,500 Interest Payable 9,500 Accrued Expense Interest Receivable 4,500 Interest Revenue 4,500 Accured Revenue Cash 13,600 Deferred Liability Unearned Revenue 13,600 Unearned Revenue 3,400 Rental Revenue 3,400 Salary Expense 5,400 Salary Payable 5,400 Accured Expense Supplies Expense 2,100 Supplies 2,100 Deferred Asset
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Unearned Revenue monthly 3,400 13,600 2 years 567 10,200 day Salary 1,800 3 days 5,400 Supplies 3,300 2,100 1,200
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600 500 Supplies Expense 500 100 Supplies 500 Salary Payable - 300 Salary Expense 2,500 300 Accounts Receivable 800 Service Revenue 800 200 Unearned Svc Revenue 200 900 700
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This note was uploaded on 09/16/2011 for the course ACG 2021 taught by Professor Hornik during the Spring '08 term at University of Central Florida.

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Ch3 - Prepaid Insurance Cash Debit Credit 500 500 Prepaid...

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