The following information is available for Zoom Inc. on October 31 for the month just...
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Accounting
The following information is available for Zoom Inc. on October 31 for the month just ended a. Property taxes of $200 have accrued but are unrecorded b. The monthly depreciation on the bulding is $50 c. Unpaid and unrecorded advertising bills at month-end totalled $3.500 . A review of the $18.000 unadjusted balance in the prepaid inwrance account shows a remaining balance of $14.000 at the end of the month Interest of $420 has accrued on a note payable but is unrecorded The monthly depreciation on the furniture is $290. g. $1,750 of the television advertising paid for in advance has been used h. Equipment purchased at the start of the month for $54.000 is estimated to have a useful life of five years. After this time, the equipment will be sold for 55.000 A review of the $3,600 unadjusted balance in the supplies account shows a balance on hand at the end of the month of $3.250. 1 $1,500 of the rent paid to Zcom Inc. in advance has been camed Prepare the required adjusting entries at October 31, 2014 Enter the transaction letter as the description when entering the transactions in the journal Dates must be entered in the format dem January 15 would be an. For each journal entry, indican how each account affects the balance sheet Assets, Liabitis. Equity Use + for increase and for decrease. For example an account decreases equity, choose Equity General Journal Page Efect on Dato AccounExplanation F Debit Credit Balance Show

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