Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 3 Days Ago
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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 08 Aug 2017 My Price 5.00

local bank in connection

Ever sure Hospital’s pre adjusted trial balance at December 31, 20X1, included the following accounts, among others:

On September 1, 20X1, the hospital issued its $120,000, 8 percent, six-month note to a local bank in connection with a short-term loan. An analysis indicated that employees had earned $33,600 of salaries and wages during 20X1 that had not been paid to them.

Required: Prepare, in general journal form, the necessary adjusting entries at December 31, 20X1.

Answers

Maurice Tutor
(5)
Status NEW Posted 08 Aug 2017 01:08 PM My Price 5.00

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