Janson, Inc., has the following general ledger balances on December 31 of the current year before it

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Janson, Inc., has the following general ledger balances on December 31 of the current year before it records adjusting entries. A general journal is provided in the Working Papers. Your instructor will guide you through the following examples.

1. Using the following adjustment information, journalize the adjusting entries for supplies and insurance on December 31 of the current year.

2. Journalize the reversing entries on January 1 of the next year.

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Accounting Advanced

ISBN: 9780538447553

9th Edition

Authors: Claudia Bienias Gilbertson

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Question Posted: May 17, 2024 10:01 AM

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Janson, Inc., has the following general ledger balances on December 31 of the current year before it

Question:

Supplies Expense-Administrative $3,200.00 Insurance Expense $2,000.00 Supplies Expense-Sales 1,500.00

Step by Step Answer:

Accounting Advanced

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