Business, 25.11.2021 06:10 nisazaheer

Journalize and post the adjusting entries. a) One month of Insurance has expired.
b) Supplies on hand on June 30 are $1,500.
c) Accrued receptionist salary on June 30 is $100.
d) One month of rent was used.
e) Unearned fees on June 30 are $3,000.
f) $1,000 of fees needs to be accrued
g) Calculate the interest for one month on the Note Payable using a 5% interest rate. (Use the Note Payable account and round to nearest whole number.)
h) Depreciation of office equipment for June based on SL depreciation over 4 years. (Round to nearest whole number)
i) Bad Debt is 1% of sales for the month of June. (Hint: Use the revenue balance after other adjusting entries have been completed)

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Journalize and post the adjusting entries. a) One month of Insurance has expired.
b) Suppli...