Green Valley Company prepared the following trial balance at the end of its first year of operations
Question:
Other data not yet recorded at December 31, 2014, include:
a. Insurance expired during 2014, $7.
b. Wages payable, $4.
c. Depreciation expense for 2014, $9.
d. Income tax expense, $11.
Required:
1. Prepare the adjusting entries for 2014.
2. Complete the trial balance Adjustments and Adjustedcolumns.
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Related Book For
Financial Accounting
ISBN: 978-0078025556
8th edition
Authors: Robert Libby, Patricia Libby, Daniel Short
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