The adjusting entry for Barstow Corporation on September 30, 2019 (the end of the fiscal year)to accrue three months of bond interest due is as follows. Interest is paid on June 30 an December 31.

Make the entry to reverse this accrual. Include the proper date for the entry.

Question

The adjusting entry for Barstow Corporation on September 30, 2019 (the end of the fiscal year)to accrue three months of bond interest due is as follows. Interest is paid on June 30 an December 31.

Make the entry to reverse this accrual. Include the proper date for the entry.

Quizplus · Accepted Answer

The Answer of The adjusting entry for Barstow Corporation on September 30, 2019 (the end of the fiscal year)to accrue three months of bond interest due is as follows. Interest is paid on June 30 an December 31.

Make the entry to reverse this accrual. Include the proper date for the entry.

The Adjusting Entry for Barstow Corporation on September 30, 2019