214. Rogers Company’s employees are paid a total of $1,600 per day for a 5-day workweek. The employees are paid each Friday. This year the accounting period ends on Tuesday. Prepare the December 31 year-end adjusting journal entry Rogers Company should make to accrue wages.
215. Show the December 31 adjusting entry to record $750 of earned but unpaid salaries of employees at the end of the current accounting period.
216. During the current year ended December 31, clients paid fees in advance for accounting services amounting to $15,000. These fees were recorded in an account called Unearned Accounting Fees. If $3,500 of these fees remains unearned on December 31 of this year, present the December 31 adjusting entry to bring the accounts up to date.
217. The following unadjusted and adjusted trial balances are from the current year’s accounting system for ExcelsiorInc..
Excelsior, Inc.Trial BalancesFor Year Ended December 31
Unadjusted
Trial Balance
Adjusted
Debit
Credit
Cash
11,300
Accounts receivable
16,340
17,140
Office supplies
1,145
645
Prepaid advertising
1,000
450
Building
26,700
Accumulated depreciation—Building …
1,300
6,300
Accounts payable ……………………...
3,320
3,500
Unearned services revenue ……………
4,410
3,010
Common stock
Retained earnings ……………………….
16,905
Services revenue...…………………….
72,400
74,600
Salaries expense ……………………….
34,500
Utilities expense.....…………………..
5,450
5,630
Advertising expense ……………………..
2,900
3,450
Supplies expense ………………………..
500
Depreciation expense— building………….
5,000
Totals............………………….
99,335
105,315
Present the six adjusting entries in general journal form that explain the changes in the account balances from the unadjusted to the adjusted trial balance.
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