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The bookkeeper for Sandhill Co. asks you to prepare the accrual adjusting entries at December 31. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)


(a) Interest on notes payable of $290 is accrued.

(b) Services performed but unbilled totals $1,910.

(c) Salaries of $900 earned by employees have not been recorded.

Respuesta :

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Answer:

(a) Interest on notes payable of $290 is accrued.

Dr Interest expense 290

    Cr Interest payable 290

(b) Services performed but unbilled totals $1,910.

Dr Unbilled revenue 1,910

    Cr Service revenue 1,910

(c) Salaries of $900 earned by employees have not been recorded.

Dr Salaries expense 900

    Cr Salaries payable 900

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