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Question 5 0.1 pts At the end of June, the company receives a $200 bill from Puget Sound Energy for power used during the month. The company plans on paying the bill in July. On June 30th (the adjusting entry): The debit should b ( Select ] Cash Utilities Payable The credit should b Utilities Expense The amount should be: [Select] (DO NOT ENTERA DOLLAR SIGN IN YOUR ANSWER. For example: ENTER 200 not $200) Question 6 0.1 pts The company pays its employees $200 per day. The company pays its employees once a week ($1.400 per week). The last pay day was May 26th. The next pay day will be on June 2nd. (Hint: There are 31 days in May) On May 31st (the adjusting entry): The debit should b[ Select Cash The credit should Salaries Payable Salaries Expense The amount should be: 1000 (DO NOT ENTERA DOLLAR SIGN IN YOUR ANSWER. For example: ENTER 200 not $200) Question 7 0.1 pts The company purchases equipment for $60,000 on August 1, 2016. The equipment will be useful for 10 years. The company records an adjusting entry for depreciation at the end of each year. On December 31, 2016 (the adjusting entry): The debit should be: The credit should be: The amount should be: (DO NOT ENTER A DOLLAR SIGN IN YOUR ANSWER. For example: ENTER 200 not $200 Question 8 0.1 pts On April 1, the company has $300 of supplies. During April, the company purchases $800 of supplies. At the end of April, the ending balance in supplies is $400. On April 30, 2016 (the adjusting entry): The debit should be: The credit should be: The amount should be: (DO NOT ENTER A DOLLAR SIGN IN YOUR ANSWER. For example: ENTER 200 not $200

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