From the following balance day adjustments for C Dungay, complete the table in figure 11.10, showing the general ledger accounts affected and the account or statement and group to which each general ledger account relates.

The following balance day adjustments are to be processed.

1 Closing periodic inventory $2850 2 Accrued loan mortgage interest $430 3 Insurance prepaid $230 4 Sales salaries accrued $250 5 Office salaries accrued $150 6 Depreciation of motor vehicles $680 7 Write-off of further bad debts $77 ($70 + $7 GST)

8 Allowance for doubtful debts established $100

Transcribed Image Text:

1 2 1967 w 4 8 Debit Credit A/c or Group A/c or Group Stmt Stmt Balance Day Adjustment Ledger Account Adjusted Debit Credit