Prepare adjusting entries on December 31, 2020. The adjustment data information as of December 31, 2020...
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Accounting
Prepare adjusting entries on December 31, 2020.
The adjustment data information as of December 31, 2020 is:
Equipment remaining is estimated at IDR 4,000,000
Prepaid insurance for a year starting April 30, 2020
Equipment depreciation is 10% of equipment value
Salary of employees still owed IDR 200,000
Completed vehicle repairs but payment has not been received because the owner has not taken IDR 3,000,000.
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