Business, 25.02.2021 19:10 anisabellanda

Prepare the adjusting journal entries for the following transactions. 1. Supplies for office use were purchased during the year for $620, of which $160 remained on hand (unused) at year-end.
2. Interest of $310 on a note receivable was earned at year-end, although collection of the interest is not due until the following year.
3. At year-end, salaries and wages payable of $4,200 had not been recorded or paid.
4. At year-end, one-half of a $2,600 advertising project had been completed for a client, but nothing had been billed or collected.
5. Re-deemed a gift card for $660 of services.

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Prepare the adjusting journal entries for the following transactions. 1. Supplies for office use we...

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