6. The Operations Manager for The Spoke Place, Inc., estimates that the business used $650 of utilities such as electricity and natural gas during its operations during the month. The Spoke Place, Inc., has not received any bills yet; a bill is expected early in April. Journal entry prior to March 31 adjusting process (if any): Adjusting journal entry on March 31 (if necessary):

6. The Operations Manager for The Spoke Place, Inc., estimates that the business used $650 of utilities such as electricity and natural gas during its operations during the month. The Spoke Place, Inc., has not received any bills yet; a bill is expected early in April. Journal entry prior to March 31 adjusting process (if any): Adjusting journal entry on March 31 (if necessary):

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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