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Yesterday, 12:56

Mayes Company records all prepayments in income statement accounts. At April 30, the trial balance shows Supplies Expense $2,800, Service Revenue $9,200, and zero balances in related balance sheet accounts. Prepare the adjusting entries at April 30 assuming: (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (a) $700 of supplies on hand and (b) $3,000 of service revenue should be reported as unearned.

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  1. R
    Yesterday, 13:49
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    a I honestly don't know my brothers
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Home » Business » Mayes Company records all prepayments in income statement accounts. At April 30, the trial balance shows Supplies Expense $2,800, Service Revenue $9,200, and zero balances in related balance sheet accounts.
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