# Assignment Detail

1. Home
2. Project
3. Assignment detail
Tutors

# Prepare the adjusting entries for the month of March

### Assignment detail

Reference no: EM132469946

Question – The ledger of Hammond Company, on August 31, 2017, includes these selected accounts before adjusting entries are prepared. (10M) Prepaid Insurance \$3,600 – Supplies 2,800 – Unearned Service Revenue 9,200 An analysis of the accounts shows the following. – Insurance expires at the rate of \$100 per month. – Supplies on hand total \$800. – During March, services were performed for one-half of the unearned service revenue. – At August 31, the company owed its employees \$800 in salaries and wages that will be paid on September 1. – On August 1, the company borrowed \$30,000 from a local bank on a 15-year mortgage. The annual interest rate is 10%. – Revenue for services performed but unrecorded for August totaled \$1,100.
Required – Prepare the adjusting entries for the month of March – Show the effect of adjustments on income statement and balance sheet.

### Graph the equation of value as a function

Reference no: EM132651235 Suppose Charles makes a deposit of \$1000 now, borrows \$3350 from the same bank in one year, and makes a payment of

View Complete Question »

### Bus cont plan and disaster recovery plan

Reference no: EM132665511 Course: Bus Cont Plan and Disaster Recovery Plan (ISOL-632-A04) – Phd In Information Technology Assignment: Provide a reflection of how the knowledge,

View Complete Question »

### Identify treatment options available for particular needs

Reference no: EM132491930 Question: Identify treatment options available for your particular individual or group’s needs in jail, prison, or community corrections. The response must be

View Complete Question »

### What type of audit procedure is

Reference no: EM132753033 Problem 1: The auditor of Tripwire Co is performing an audit procedure on interest expense. The procedure involves calculating the average loan

View Complete Question »
Our customer support team is here to answer your questions. You can send Assignments directly to support team.
👋 Hi, how can I help?