Answered step by step
Verified Expert Solution
Question
1 Approved Answer
#1 the first photo is the adjustment here is the second photo with the beginning balances. #2 how do I enter those into my adjusting
#1
the first photo is the adjustment
here is the second photo with the beginning balances.
#2
how do I enter those into my adjusting journal the five questions that is on the first picture and the second picture is the trial balance
X A 1 Normal T No Spac... Heading 1 Headi nt Ty Paragraph Styles STEP FOUR Enter your adjusting entries. Using the Trial Balance prepared in Step Three and the data below, prepare and enter the five necessary adjusting entries for the month of January 2021 Adjustment data a. Office Supplies on hand, $120. b. Accrued Service Revenue, $1,200. c. Accrued Salaries Expense, $1,000. d. Prepaid Insurance for the month has expired, $250. e. Depreciation was recorded on the truck for the month, $250. Accessibility: Investigate T LC ghlight Sybilla Yearby Trial Balance As of January 31, 2021 CREDIT DEBIT 22,550.00 1,300.00 700.00 750.00 250.00 20,000.00 Cash Accounts Receivable Office Supplies Prepaid Insurance Accumulated Depreciation - Truck Truck Accounts Payable Unearned Revenue Owner's Capital Owner's Withdrawals Service Revenue Fuel Expense Rent Expense Salaries Expense TOTAL 400.00 3,200.00 43,350.00 2,000.00 3,450.00 250.00 1,600.00 1,500.00 $50,650.00 $50,650.00 BA W 51F Partly + F5 F6 F7 F8 0 F9 F10 F11 -0.+ F1 & 4 % 5 6 7 * 00 C 9 8 0 R T YStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started