45. Brian hired Tonys Repair Service to overhaul his companys plumbing system. The repair began...
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45. Brian hired Tonys Repair Service to overhaul his companys plumbing system. The repair began on September 15 and Tony intends to complete it on October 15. Brians company agreed to pay Tonys Repair $4,000 when the work is completed. As of September 30, the work was 50% complete. Provide the adjusting entry to accrue Brians repair expense at the end of September. 46. Continuing the previous problem, on October 15, Tonys Repair finally completed the work, and Brian paid his bill in full. Provide the journal entry for Brians payment to Tonys Repair (below).
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