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Accrual World_case solution

Accrual World_case solution - 1-June 30-Jun = Unearned...

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1 George Dubya vs. Saddam Inc/Dec Debit/Credit AR = Rev AR 320 320 320 Rev 320 George Dubya Inc . 1-Jan Cash AR = Cash 320 320 (320) AR 320 Saddam Corp. Inc/Dec Debit/credit 1-Mar Cash =AccP AccP 320 (320) (320) Cash 320 =AccP -Exp Exp 320 320 -320 AccP 320 1-Jan 1-Mar Mexico and USA Inc/Dec Debit/Credit Cash = Unearned revenue Cash 3,000 Unearned Mexico Corp 1-June = Unearned
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Unformatted text preview: 1-June 30-Jun = Unearned revenue Rev Unearned revenue 1,500 (1,500) 1500 Rev 1,500 3,000 3,000 Unearned revenue 3,000 Inc/Dec USA Inc. 30-June 1-Jun Cash Pre. Exp = Pre. Exp 3,000 (3000) 3000 Cash 3000 30-Jun Prep. Exp = -Exp Exp 1,500 (1500)-1500 Prep. Exp 1500 1-June 30-June...
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