Business
Business, 16.06.2021 20:50, acamiyah

The ledger of Shamrock, Inc. on March 31, 2017, includes the following selected accounts before adjusting entries. Debit Credit
Supplies 2,610
Prepaid Insurance 2,480
Equipment 22,500
Unearned Service Revenue 12,000

An analysis of the accounts shows the following.

1. Insurance expires at the rate of $310 per month.
2. Supplies on hand total $960.
3. The equipment depreciates $150 per month.
4. During March, services were performed for two-fifths of the unearned service revenue.

Required:
Prepare the adjusting entries for the month of March.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 04:40, aidanfbussiness
Select the correct answerwhat is the responsibility of each of the twelve federal reserve's banks in their districts? a. they set the prime rateob. they monitor functioning of banks in their through onsite and offsite reviewsc. they assess taxes in their destnictd. they write fiscal policies
Answers: 1
image
Business, 22.06.2019 15:10, emilypzamora11
On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.
Answers: 2
image
Business, 22.06.2019 17:20, spycn5069
Arecession is defined as a period in which
Answers: 1
image
Business, 22.06.2019 23:10, katrinanuez
Which investment has the liquidity and can be converted into cash easily?
Answers: 2
Do you know the correct answer?
The ledger of Shamrock, Inc. on March 31, 2017, includes the following selected accounts before adju...

Questions in other subjects: