Prepare the Journal Entries for the Following Transactions

question 9

Essay

Prepare the journal entries for the following transactions:
1. On April 12, 2012 the company discovered that Depreciation Expense on equipment for the year ended December 31, 2011 had been recorded twice, for a total amount of $120,000 instead of $60,000 (the correct amount).
2. On August 31, 2012, the company received a check from the IRS for $18,000. The company discovered that the 2011 income tax expense was recorded as $42,000, but the correct amount was $24,000.
3. On November 18, 2012, the company discovered that the July 2012 utilities bill for $3,800 had been charged to the Wages Expense account in error.

Distinguish between different types of neurons and neuroglial cells based on structure and function.

Understand the physiological steps involved in nerve impulse conduction and reaction.

Recognize the impact of external substances on synaptic function.

Understand the basics of synaptic transmission including how neurotransmitters interact with receptors.