Mathematics, 17.01.2021 16:40 tayjohnson0042

HELLO I NEED HELP PLS ps. this is adjusting entries in accounting

Directions: PREPARE ADJUSTING ENTRIES FOR THE FOLLOWING; TAKE NOTE THAT THE COMPANY IS USING THE CALENDAR YEAR.

1. The cost of electricity used for the month of December 2018 is P4,000. The electricity bill was received and paid in January 2019. How to record the
adjusting entries?

2. Employees earned total salaries of P100,000 in December 2018. However, the salaries were paid only in January 2019. How to record the
adjusting entries?

3. Papa Co. rents out its building to a tenant for a monthly rent of P50,000. As of December
31, 2018, the tenant has not yet paid the rent for the month of December. How to record adjusting entries?

PLSS I NEED ANSWERS AND EXPLANATION TOO

Answers: 3

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 15:30, mag331

Afruit stand has to decide what to charge for their produce. they need $10 for 4 apples and 4 oranges. they also need $15 for 6 apples and 6 oranges. we put this information into a system of linear equations. can we find a unique price for an apple and an orange?

Answers: 2

continue

Mathematics, 21.06.2019 17:40, ayoismeisalex

Which number produces a rationale number when multiplied by 1/5

Answers: 1

continue

Mathematics, 21.06.2019 18:00, julliette27

What power can you write to represent the volume of the cube shown? write the power as an expression with a base and an exponent and then find the volume of the cube

Answers: 3

continue

Mathematics, 21.06.2019 18:00, joseroblesrivera123

Since opening night, attendance at play a has increased steadily, while attendance at play b first rose and then fell. equations modeling the daily attendance y at each play are shown below, where x is the number of days since opening night. on what day(s) was the attendance the same at both plays? what was the attendance? play a: y = 8x + 191 play b: y = -x^2 + 26x + 126

Answers: 1

continue

You know the right answer?

HELLO I NEED HELP PLS ps. this is adjusting entries in accounting

Directions: PREPARE AD...