Place this transaction on the general ledger,<\/p>\n
a. Supplies used, $10,300 (supplies totaling $16,600 were purchased on December 1,2016, and debited to the SUPPLIES account)<\/p>\n
b. Expired insurance, $7,500 on December 1,2016, the firm paid $45,000 for six months’ insurance coverage in advance and debited Prepaid Insurance for this amount.<\/p>\n
c. Depreciation expense for equipment , $5,100.<\/p>\n
<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
Place this transaction on the general ledger, a. Supplies used, $10,300 (supplies totaling $16,600 were purchased on December 1,2016, and debited to the SUPPLIES account) b. Expired insurance, $7,500 on December 1,2016, the firm paid $45,000 for six months’ insurance coverage in advance and debited Prepaid Insurance for this amount. c. Depreciation expense for equipment […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/62178"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=62178"}],"version-history":[{"count":0,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/62178\/revisions"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=62178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=62178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=62178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}