Adjusting Entries Transcribed Image Text: lessons focused on English, Math, and Sciences. Presented below are the Mr. Stephen Fury, an experienced academic professor, aims to level the of academic programs
Adjusting Entries Transcribed Image Text: lessons focused on English, Math, and Sciences. Presented below are the
Mr. Stephen Fury, an experienced academic professor, aims to level the
of academic programs in schools. SuperBrains Tutorial offers after class
level of knowledge of students and cope up with the standardized delivery
unadjusted account balances of the company from January 1 to December
Allowance for Doubtful Accounts
Furniture and Fixtures
Unearned Service Revenue
Commissions and Bonuses
1. Based on past collection data, about 3% of credit service revenue is
uncollectible. 70% of service revenue came from cash services.
2. Unexpired portion of prepaid rent at the end of the year amounts to
3. Furniture and fixtures was purchased on August 31, 2020. It is expected
to benefit the company for three years with a disposable value of
4. Unrecorded payment of accounts payable, P15,000.
5. Unearned service revenue should be P15,000.
6. P20,000 of supplies expense are still unused.
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