O ezto comhmtpx The following information applies to the que

O ezto com/hm.tpx The following information applies to the questions displayed below John\'s Boet Yard, Inc, repairs, stores, and cleens boets for customers It is completing the accounting process for the year just ended on November 30. The trensactions for the past year have a John\'s winterized (cleaned and covered) three boats for customers at the end of Neventer, but did no, record the serece S4400. b On October 1, John\'s paid $1,680 to the local newspeper for an advertisement to run every Thursday for 12 weeks.All eds have been run except for three Thursdays in December to c. John\'s borrowed $228.000 at e 9 percent annual interest rate on April 1 of the current year to expand its boat storege fecility. The loen requires John\'s to pay the interest quarterly undi d The Johnson famity paid John\'s $4,330 on November 1 to store its seilboet for the winter until May 1 of the next fiscel year John\'s credited the furll emount to Uneerned Storage complete the 12-week contrect the note is repaid in three years. John\'s peid querterly interest on July 1 and October Revenue on November 1 lohns used boat-lifting equiprment that cost $240000. S24 000 was the estimated depreciation for current year f Bost repair supplies on hand at the beginning of the current year totaled $17,200 Reper supplies purchased and debited to Supplies during the year amourted to 540000 the yeat g Wages of $5.400 earned by employees during November were unpeid and unrecorded et November 30 The next payrolt dete will be December 5 of the neat fiscal yeer end count showed $11600 of the supplies on hand

Solution

a Accrued revenue b Deferred expense c Accrued expense d Deferred revenue e Deferred expense f Deferred expense g Accrued expense