Bird minus kultgenbird−kultgen
corporation experienced four situations for its supplies.
requirement
1.
calculate the amounts that have been left blank for each situation. for situations 1 and 2, journalize the needed transaction. consider each situation separately.
calculate the amounts that have been left blank for each situation.
situation
1
beginning supplies. . . . . . . . . . . . . .
$2,100
purchases of supplies during the year. . . . . .
total amount to account for. . . . . . . . . .
3,400
ending supplies. . . . . . . . . . . . . . .
(990)
supplies expense. . . . . . . . . . . . . .
$2,410
2
$700
600
(600)
3
$600
(300)
$1,800
4
$600
500
1,100
$900
for situations 1 and 2, journalize the needed transaction. consider each situation separately. (record debits first, then credits. exclude explanations from any journalentries.)
record the entry for situation 1 to record the purchase of supplies.
journal entry
accounts
debit
credit
1
for situation 2, make the needed journal entry to record supplies expense.
journal entry
accounts
debit
credit
2
choose from any list or enter any number in the input fields and then continue to the next question.