Unformatted text preview: 328,000 Interest Expense 30,000 Due to Central Stores Fund 12,400 Vouchers Payable 328,000 Interest Payable 30,000 Record expenses. Due to Central Stores Fund 12,400 Vouchers Payable 325,000 Interest Payable 30,000 Cash 367,400 Record payment of approved vouchers, interest, and payment to central stores. 5. Revenue 6,300 Allowance for Uncollectibles 6,300 Reduce revenue for uncollectible accounts. Depreciation Expense 32,000 Accumulated Depreciation 32,000 Adjust for depreciation for period. Supplies Expense 15,200 Inventory of Supplies 15,200 Adjust for supplies on hand....
View Full Document
- Fall '11
- Depreciation, Expense, Generally Accepted Accounting Principles, Central Stores Fund