Adjust the following entries and post them in the general journal.
Year-end is may 31.


a) accrued salaries at year-end were $5000
b) $2520 of interest had accrued on the $72000 note payable
c) accrued revenues at year-end totalled $1700
d) $12000 worth of advertising was prepaid on January 1 of the current accounting period and debited to the prepaid avertising account. This covered four months of advertising beginning on the same date.
e) the annual amortization on the office equipment was $1800
f) interest revenue accrued at year-end totalled $350

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Originally Posted by Curlyben

What do YOU think ?
While we're happy to HELP we wont do all the work for you.
Show us what you have done and where you are having problems..

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These are only a few questions from my assignment. I have completed 35 other transactions and handed those in but am struggling with these. Due tomorrow. Please help me, I have 10 courses and no time to do these few transactions.

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Show us your work and what you think the answers are first... before we can offer ANY help. We aren't a homework service.