Wages of $13,000 are earned by workers but not paid as of December 31. Depreciation on the company’s equipment for the year is $10,720. The Supplies account had a $360 d

Wages of $13,000 are earned by workers but not paid as of December 31. Depreciation on the company’s equipment for the year is $10,720. The Supplies account had a $360 debit balance at the beginning of the year. During the year, $5,920 of supplies are purchased. A physical count of supplies at December 31 shows $642 of supplies available. The Prepaid Insurance account had a $5,000 balance at the beginning of the year. An analysis of insurance policies shows that $2,100 of unexpired insurance benefits remain at December 31. The company has earned (but not recorded) $900 of interest revenue for the year ended December 31. The interest payment will be received 10 days after the year-end on January 10. The company has a bank loan and has incurred (but not recorded) interest expense of $3,500 for the year ended December 31. The company will pay the interest five days after the year-end on January 5.

Collepals.com Plagiarism Free Papers

Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.

Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS

Why Hire Collepals.com writers to do your paper?

Quality- We are experienced and have access to ample research materials.

We write plagiarism Free Content

Confidential- We never share or sell your personal information to third parties.

Support-Chat with us today! We are always waiting to answer all your questions.