Description of this paper

Place this transaction on the general ledger;a. Supplies used, $10,300 (supplies totaling $16,600 were purchased on December 1,2016, and debited...

Description

solution


Question

Place this transaction on the general ledger;a. Supplies used, $10,300 (supplies totaling $16,600 were purchased on December 1,2016, and debited to the SUPPLIES account);b. Expired insurance, $7,500 on December 1,2016, the firm paid $45,000 for six months' insurance coverage in advance and debited Prepaid Insurance for this amount.;c. Depreciation expense for equipment, $5,100.

 

Paper#77681 | Written in 18-Jul-2015

Price : $22
SiteLock