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VikaD [51]
3 years ago
15

TO: All Employees SUBJECT: New Accounting Supervisor at KBL Toys, Starting August 4

Business
2 answers:
Anton [14]3 years ago
8 0
I think it is D
Hope my answer help you?!
satela [25.4K]3 years ago
7 0
Uh maybe it quiero be
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A project sponsor is responsible for ensuring that all of the project management and technical development processes are in plac
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Juan is always researching different investment options. A few weeks ago he noticed some nice homes for sale in his neighborhood
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Select the correct answer from the drop-down menu
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What to produce?

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Kingbird, Inc. has the following information available for accruals for the year ended December 31, 2019. The company adjusts it
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Answer:

a-Dec-31. Dr Utility expense   485

                    Cr   Utility bills payable  485

b-Jan-11.  Dr Utility bills payable  485

                        Cr Cash                   485

c-Dec-31. Dr Salary expense  3990

                Cr  Salary payable                3990

d-Dec-31. Dr bank 51600

                 Cr  Loan payable   51600

e-Dec-31 Dr Interest expense  215

                    Cr interest payable     215

f-Dec-31 Dr Account receivable  340

                  Cr   Service revenue  account    340

g-Dec-31. Dr Cash  6840

                 Cr Advance Rent    6840

Explanation:

a-Utility expense incurred for the m/o Dec will be paid in Jan.

c- Salaries of 3990 will be paid on Jan of 4 days.

e-Interest expense for the m/o Dec will be (51600*5%=2580/12=215.

f-The service fee is receivable which will be paid on Jan.

g- Advance rent is received from client.

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