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Trash removal
Trash removal accrual for January 1,000
Trash removal accrual for February 1,000 Trash removal paid in March for January through June 6,000 a) Prepare journal entries in January, February, March and April including reversals of accruals, A/P and payment of A/P b) What is March’s trash removal expense on the income statement? c) What is March’s YTD trash removal expense on the income statement? d) What is the operating expense liability (accrual) account balance in March? |
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I'm not quite sure what you are trying to get people on this site to answer in this and your other two questions. We don't provide answers to homework questions here. Are you wanting people to discuss with you how to answer the questions after you have made attempts at answering them yourself? That would be acceptable here.
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