The estimated amount of depreciation on equipment for the current year is $41,700.


a. How is the adjustment recorded? Indicate each account affected, whether the account is increased or decreased, and the amount of the increase or decrease.

North Slope Realty Co. pays weekly salaries of $7,900 on Friday for a five-day week ending on that day. What is the adjustment at the end of the accounting period, assuming that the period ends (a) on Wednesday, (b) on Thursday? Indicate each account affected, whether the account is increased or decreased, and the amount of the increase or decrease.

Please don't ask us to do your homework for you. That's not how this site works. The assignment was given for YOU to do. However, if you want to show us the answer YOU arrived at we can critique it.

I feel as if you could have been a little less rude about it. But thanks anyway.

There is absolutely nothing rude about ScottGems response... the site rules are clear and they are posted at the top of the page in the homework forums. Which you would have seen if you posted a homework question in the homework forums. Report being made to move this to the correct forum.

Wow it was a huge mistake to even consider this site

Only if you think you would get your homework done for you so you won't have to... Like you apparently did based on the tone of your answer. And the fact you apparently haven't even shown an attempt yet complained in every follow up.

Quote:

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Originally Posted by krissymarie207

I feel as if you could have been a little less rude about it. But thanks anyway.

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Quote:

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Originally Posted by krissymarie207

Wow it was a huge mistake to even consider this site

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If you don't do it... you won't learn it... if you don't learn it... you WILL fail the test on it. Sorry, that's life and the way it works. There is no easy way to get an education. They all take effort and work.


Show the work, your answer and how you got it.....if you get it wrong...we will help you....show no effort to do it at all...like you have so far...and you get nothing.