Exercise 2-35 Name:
Use the drop-down boxes to select the appropriate choices for columns C and D. Insert
amounts in the gray-shaded cells of columns J and L. If an answer is incorrect, the word
“wrong” will appear.
a. 5,000
To record supplies usage
b. 8,000
To record travel expense for partner
c. 6,500
To record laptop depreciation
d. 52,500
97,500
To record depreciation on NYC building
e. 200,000
To accrue partner salaries
f. 257,900
To accrue audit salaries
g. 19,400
To record audit-related travel costs
h. 17,300
To record insurance and tax on downtown building
i. 3,400
To accrue secretarial wages
Fixed Overhead Control
Fixed Overhead Control
Work in Process Inventory
Salaries Payable
Accumulated Depreciation – Building
Variable Overhead Control
Wages Payable
Work in Process Inventory
Salaries Payable
Cash
Work in Process Inventory
Cash
Solution
Journal Entries
Work in Process Inventory
Materials/Supplies Inventory
Depreciation Expense – Building
Fixed Overhead Control
Travel Expense
Cash
Accumulated Depreciation – Laptops
j. 457,900
3,400
To pay accrued salaries and wages
Salaries Payable
Wages Payable
Cash
Use the drop–down boxes to select the appropriate choices for columns C and D. Insert
amounts in the gray–shaded cells of columns J and L. If an answer is incorrect, the word
5,000
8,000
6,500
150,000
200,000
257,900
19,400
17,300
3,400
Journal Entries
461,300