A partial work sheet for Marge’s Place is shown below. Prepare the following adjustments on this work sheet for the month ended June 30, 20–. a. Expired or used-up insurance, $450. b. Depreciation expense on equipment, $750. c. Wages accrued or earned since the last payday, $380 (owed and to be paid on the next payday). d. Supplies used, $110.
College Accounting (Book Only): A ...
College Accounting (Book Only): A ...
Solutions
A partial work sheet for Marge’s Place is shown below. Prepare the following adjustments on this work sheet for the month ended June 30, 20–.
- a. Expired or used-up insurance, $450.
- b. Depreciation expense on equipment, $750.
- c. Wages accrued or earned since the last payday, $380 (owed and to be paid on the next payday).
- d. Supplies used, $110.
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