Greavy Theater Production Companys partially completed worksheet as of December 31, 2024, follows. Adjustment data at December
Question:
Greavy Theater Production Company’s partially completed worksheet as of December 31, 2024, follows.
Adjustment data at December 31 follow:
a. As of December 31, Greavy had performed $500 of service revenue but has not yet billed customers.
b. At the end of the month, Greavy had $700 of office supplies remaining.
c. Prepaid Insurance of $3,900 remained.
d. Depreciation expense, $4,000.
e. Accrued salaries expense of $200 that hasn’t been paid yet.
Requirements
1. Complete the worksheet. Use letters a through e to label the five adjustments.
2. Journalize the adjusting entries.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Horngrens Accounting The Financial Chapters
ISBN: 9780136162186
13th Edition
Authors: Tracie Miller Nobles, Brenda Mattison
Question Posted: