In reviewing the accounts on September 30 2014 for the

#4326
In reviewing the accounts on September 30, 2014, for the year just ended, Geek Designers
discovered the following:a. Interest of $1,500 had accrued on the bank loan as at September
30. It is to be paid on October 2.b. Accrued wages at September 30 totalled $80,500. On
October 3, the first biweekly payday of October, $115,000 was paid to employees representing
the seven days accrued on September 30 plus the first three working days in October.c. The
September cell phone bill for $215 was unpaid and unrecorded at September 30. It will be paid
on October 5.d. On September 30, $ 1,150 of cable charges were accrued regarding the past
two months of usage that were not recorded or paid. This amount was paid on October 2.e.
$1,140 of property taxes covering September were accrued on September 30. This amount was
paid on October 15.Required Using the information provided above, prepare the annual
adjusting journal entries at September 30 along with the appropriate subsequent cash
entries.View Solution:
In reviewing the accounts on September 30 2014 for the

ANSWER
http://paperinstant.com/downloads/in-reviewing-the-accounts-on-september-30-2014-for-the/

1/1
Powered by TCPDF (www.tcpdf.org)