Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 25 Sep 2017 My Price 4.00

Javier Computer Services

Javier Computer Services began operations in July 2014. At the end of the month, the company prepares monthly financial statements. It has the following information for the month.

1. At July 31, the company owed employees $1,300 in salaries that the company will pay in August.

2. On July 1, the company borrowed $20,000 from a local bank on a 10-year note. The annual interest rate is 12%.

3. Service revenue unrecorded in July totaled $2,400.

Prepare the adjusting entries needed at July 31, 2014.

Answers

Maurice Tutor
(5)
Status NEW Posted 25 Sep 2017 06:09 PM My Price 4.00

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