Missing Information Credit Journal Debit Date Account Titles and Explanation 2018 7,000 June 30 Interest Income 124,000 30 Depreciation Expense-Computer Equipment 4,000 30 Prepaid Rent 46,500 30 Unearned Tutorial Revenues 26,000 30 Interest Expense 30 140,000 Salaries Payable Unearned Programming Revenues 24,000 30 30 Rent Receivable 25,000 30 Accounting Fees Receivable 9,500 30 Unearned Subscription Revenues 64,000 30 Insurance Expense 11,000 30 Utilities Expense 8,000 30 Office Supplies 28,000 Required: A series of adjusting entries have been shown in a journal form. However, only one-half of each adjusting entry is shown. Complete the journal entry.
Missing Information Credit Journal Debit Date Account Titles and Explanation 2018 7,000 June 30 Interest Income 124,000 30 Depreciation Expense-Computer Equipment 4,000 30 Prepaid Rent 46,500 30 Unearned Tutorial Revenues 26,000 30 Interest Expense 30 140,000 Salaries Payable Unearned Programming Revenues 24,000 30 30 Rent Receivable 25,000 30 Accounting Fees Receivable 9,500 30 Unearned Subscription Revenues 64,000 30 Insurance Expense 11,000 30 Utilities Expense 8,000 30 Office Supplies 28,000 Required: A series of adjusting entries have been shown in a journal form. However, only one-half of each adjusting entry is shown. Complete the journal entry.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Problem #6
Missing Information
Credit
Journal
Debit
Date
Account Titles and Explanation
7,000
2018
June 30
Interest Income
124,000
30
Depreciation Expense-Computer Equipment
30
4,000
Prepaid Rent
46,500
Unearned Tutorial Revenues
26,000
30
Interest Expense
30
140,000
Salaries Payable
Unearned Programming Revenues
24,000
30
30
Rent Receivable
25,000
30
Accounting Fees Receivable
9,500
30
Unearned Subscription Revenues
64,000
30 Insurance Expense
11,000
30
Utilities Expense
8,000
30
Office Supplies
28,000
Required:
A series of adjusting entries have been shown in a journal form. However, only one-half
of each adjusting entry is shown. Complete the journal entry.
30
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