Ithaca Services Co. offers cleaning services to business clients. The trial balance for Ithaca Services Co. before

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Ithaca Services Co. offers cleaning services to business clients. The trial balance for Ithaca Services Co. before adjustments is shown on below.


Ithaca Services Co. offers cleaning services to business clients. The


The data for year-end adjustments are as follows:
a. Fees earned but not yet billed $7.
b. Supplies on hand, $3.
c. Insurance premiums expired, $6.
d. Depreciation expense, $5.
e. Wages accrued but not paid $1.
Prepare the adjusting entries for Ithaca ServicesCo.

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Financial Accounting An Integrated Statements Approach

ISBN: 978-0324312119

2nd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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