Essay
Journalize the following entries for December 31. Explanations are not required.
a. Income tax incurred but not yet paid for $1,346.
b. Supplies used for $568.
c. Earned subscription revenue of $800 out of $1,000 of unearned revenue.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: Revenues are:<br>A) additions to retained earnings.<br>B) subtractions
Q6: Income taxes payable would be an example
Q8: The adjusted trial balance shows:<br>A) accounts that
Q9: A machine with a salvage value of
Q11: Use the data below from the adjusted
Q12: A machine costing $45,000 has a life
Q13: The account to which dividends are closed
Q14: The balance in the depreciation expense account
Q15: It is necessary to post:<br>A) asset and
Q50: Adjusting entries are made only for accrued