January 31 Issued Checks 1023-1027 for $65,600 to pay the monthly salaries of the regular...
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Accounting
January Issued Checks for $ to pay the monthly salaries of the regular employees and three parttime workers. January Issued Check for $ for personal use. January Issued Check for $ to pay for maintenance services for the month. January Purghased additional equipment for $ from Contemporary Equipment Company; issued Check for $ and bought the rest on credit. The equipment has a fiveyear life and no salvage value. January Sold services for $ in cash and $ on credit on January ADJUSTMENTS January Compute and record the adjustment for supplies used during the month. An inventory taken on January showed supplies of $ on hand. January Compute and record the adjustment for expired insurance for the month. January Record the adjustment for one month of expired rent of $ January Record the adjustment for depreciatict of $ on the old equipment for the month. The first adjustment for depreciation for the new equipment will be recorded in February.
January Issued Checks for $ to pay the monthly salaries of the regular employees and three parttime workers.
January Issued Check for $ for personal use.
January Issued Check for $ to pay for maintenance services for the month.
January Purghased additional equipment for $ from Contemporary Equipment Company; issued Check for $ and bought the rest on credit. The equipment has a fiveyear life and no salvage value.
January Sold services for $ in cash and $ on credit on January ADJUSTMENTS
January Compute and record the adjustment for supplies used during the month. An inventory taken on January showed supplies of $ on hand.
January Compute and record the adjustment for expired insurance for the month.
January Record the adjustment for one month of expired rent of $
January Record the adjustment for depreciatict of $ on the old equipment for the month. The first adjustment for depreciation for the new equipment will be recorded in February.
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