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Record the Adjusting Journal Entries That Should Be Made for Anaheim

Question 70

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Record the adjusting journal entries that should be made for Anaheim Company at December 31,2016.
1)Recognized $10,500 of salaries expense for the last several days of December.
2)Earlier in the period $2,400 of supplies were purchased.As of December 31,2016,the company had $660 of the supplies still on hand.
3)On October 1,a customer had made an advance payment of $96,000 for services to be rendered equally over a 6-month period beginning October 1.
Record the adjusting journal entries that should be made for Anaheim Company at December 31,2016. 1)Recognized $10,500 of salaries expense for the last several days of December. 2)Earlier in the period $2,400 of supplies were purchased.As of December 31,2016,the company had $660 of the supplies still on hand. 3)On October 1,a customer had made an advance payment of $96,000 for services to be rendered equally over a 6-month period beginning October 1.

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