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Selected accounts of Welch Company are shown below

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Question;Selected accounts of Welch Company are shown below.Supplies Expense7/31766Supplies7/1 Bal.1,4587/317667/10218Accounts Receivable7/31552Salaries and Wages Expense7/151,2807/311,280Salaries and Wages Payable7/311,280Unearned Service Revenue7/319657/1 Bal.1,6717/201,370Service Revenue7/142,1757/319657/31552(a) After analyzing the accounts, journalize the July transactions. (Hint:July transactions were for cash.)(Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)DateAccount Titles and ExplanationDebitCredit July 10 July 14 July 15 July 20 July 10 July 14 July 15 July 20 July 10 July 14 July 15 July 20 July 10 July 14 July 15 July 20 (b) After analyzing the accounts, journalize the adjusting entries that were made on July 31.(Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)DateAccount Titles and ExplanationDebitCreditJuly 31(To record supplies used)July 31(To record accrued revenue)July 31(To record accrued salaries)July 31

 

Paper#50777 | Written in 18-Jul-2015

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