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Ch 3 LO2 Q4 continued A company has a June 30, 2021 year end, its...

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Accounting

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Ch 3 LO2 Q4 continued A company has a June 30, 2021 year end, its first year of operations. The company recorded all prepaid costs as assets and all revenue collected in advance as liabilities. On November 1, 2020 a one-year insurance policy was purchased for $2,532. The company prepares annual adjusting entries. Do NOT use commas or dollar signs in your response. Debit to Credit to Salaries Payable Unearned revenue Interest receivable Service Revenue Notes payable Interest expense Prepaid Expenses Interest payable Supplies Cash Rent expense Salaries expense Interest revenue Notes receivable Utility expense Accounts payable Accounts Receivable Supplies expense Insurance expense

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