(Answered) Question carlson company incurred the following

Accounting

Question: Carlson Company incurred the following manufacturing overhead costs during the month of June 2010. Prepare the journal entry to record the costs.

Depreciation, building $7,000

Wages earned but not yet paid, janitor $600

Electricity used and paid, factory $350

Rent on equipment previously paid $900

Debit (DR) Depreciation Expense - Building 7,000

Credit (CR) Accumulated Depreciation - Building 7,000

Debit (DR) Wages Expense 600

Credit (CR) Wages Payable 600

Debit (DR) Utilities Expense - Factory 350

Credit (CR) Cash 350

Debit (DR) Equipment Rental Expense 900

Credit (CR) Prepaid Equipment Rental 900

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