site stats

Office supplies used during the month $100

Webb1. Supplies for office use were purchased during the year for $540, of which $120 remained on hand (unused) at year-end. Journal entry worksheet: Record the entry for … WebbYour single source for Office Supplies, Desks, Office Chairs, Office Furniture, Equipment, Cleaning Supplies, Janitorial Supplies at wholesale discount prices …

What is the proper accounting for supplies? AccountingCoach

WebbPaid office rent for the month, $1,200. e. Charged clients for legal services on account, $2,025. f. Purchased office supplies on account, $245. g. Received cash from clients … Webb24 Questions Show answers. the amount originally paid. the amount expired. the amount on hand. the amount of the trial balance. If the balance of supplies at the start of the month was $900 and at the end of the month you had $350 on hand, the adjustment for Supplies would be: $450. $550. challenger mobility.com https://familysafesolutions.com

Solved On January 1, the Office Supplies account had a $600

WebbReceived $3,600 for services to be performed equally over the next 6 months. c. Paid $1,400 for the current month's rent. d. Paid $350 cash for office supplies. e. Paid $800 in Salaries Expense. 1. Received $1,000 in cash for service revenue eamed this month. O A. $3,650 B. $8,550 C. $3,050 D. $9,150 ABC Company had the following transactions ... WebbAccounting for Office Supplies. The cost of office supplies on hand at the end of an accounting period should be the balance in a current asset account such as Supplies or Supplies on Hand. The cost of the office supplies used up during the accounting period should be recorded in the income statement account Supplies Expense. When … WebbWith 100 million prescriptions for Lipitor in 2024, that translates to a billion dollars in savings for a single drug, without cutting the price to the manufacturer. Many patients take multiple ... happy hippie retreat

OfficeSupply.com

Category:Solved ABC Company had the following transactions during the

Tags:Office supplies used during the month $100

Office supplies used during the month $100

ACG2024 Ch 4 Assignment Flashcards Quizlet

WebbDuring the month, purchases of office supplies totaling $4,000 were debited to the Office Supplies account. If $6,000 worth of office supplies are still on hand at month-e Baltimore Enterprises has budgeted sales for the months of September and October at $300,000 and $280,000, respectively. WebbFind many great new & used options and get the best deals for Postcard-A-Post Office, Detroit, Mich.-White Border-Unposted at the best online prices at eBay! Free shipping for many products!

Office supplies used during the month $100

Did you know?

WebbOffice supplies are consumables and equipment regularly used in offices by businesses and other organizations, by individuals engaged in written communications, … WebbDuring the period, we have bought in the supplies amounting to $1,000 and the beginning supplies that we have are $1,500. In this case, we can determine that we have …

Webb24 maj 2024 · A physical count of supplies indicates that $100 of supplies have not yet been used at December 31. A $75 telephone bill for December has been received but … Webb26 sep. 2024 · Step 1. Locate the general journal. View the original amount of supplies recorded in the general journal. The original journal entry will show a debit in the supplies column and a credit in the cash column. This is the starting point for making an adjustment entry for supplies on hand. Notice the amounts in each account.

WebbFor example, assume that office space is leased, and the terms of the agreement stipulate that rent will be paid within 10 days after the end of each month at the rate of $400 per month. During December of 20X1, Cabul Company occupied the lease space, and the appropriate adjusting entry for December follows: Webb22 sep. 2024 · For example, if the beginning balance is $5,000 and you have $4,000 of supplies on hand, you used $1,000 of supplies during the month. The adjusting entry is to debit "supplies expense" for $1,000 ...

WebbIf at the end of the month supplies used were $100, the adjusting entry would include a: debit to Supplies Expense for $100. Sam purchased a four-year insurance policy for …

Webbför 20 timmar sedan · Bass is expected to highlight the progress her administration has made during her first 100 days in office. Last month, Bass told Eyewitness News she hoped to get 17,000 people off the streets in ... challengermode apk downloadWebbOther data: 1. $1000 of supplies have been used during the month. 2. Travel expense incurred but not paid on 31 May 2010, $400. 3. The insurance policy is for 2 years. 4. $2000 of the balance in the unearned … happy hippies java hut kure beach ncWebbThe following adjusting entries were omitted at the end of the month: a) Supplies used during October $800 b) Depreciation of equipment for October $3,000 c) Unbilled fees earned at October 31 $1,200 ... Supplies used during January 31 $1,800 c. Depreciation of equipment for January $7,500 d. Accrued wages at January 31 $1,500 happy hippie new year