Maurice Tutor

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About Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 1 Day Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 03 Oct 2017 My Price 4.00

Powers Rental Service

Powers Rental Service had the following items that require adjustment at year-end.
a. Earned $6,420 of revenue from the rental of equipment for which the customer had not yet paid.
b. Interest of $400 on a note receivable has been earned but not yet received.

Required:
1. Prepare the adjusting entries needed at December 31.
2. What is the effect on the financial statements if these adjusting entries are not made?

Answers

Maurice Tutor
(5)
Status NEW Posted 03 Oct 2017 11:10 PM My Price 4.00

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