Answer:
a.
Salaries Expense $2,000 (debit)
Salaries Payable $2,000 (credit)
b.
Supplies $1,400 (debit)
Trading Account $1,400 (credit)
c.
Interest Expense $2,250 (debit)
Note Payable $2,250 (credit)
d.
Revenue $2,600 (debit)
Deferred Revenue $2,600 (credit)
e.
Trade Receivables $13,300 (debit)
Revenue $13,300 (credit)
f.
Depreciation $24,200 (debit)
Accumulated depreciation $24,200 (credit)
Explanation:
Matching or Accrual Principle of Accounting, requires that transactions be recorded when they <em>occur</em> or<em> accrue</em>.
The following items have not yet accrued as at December 31 and must not be recorded or adjusted.
a. The next payday with a Salary of $2,500
b. The next interest expense with an interest of $2,700
c. Member Fees expected to be collected in January for services to be rendered in January.