1.Adjusting Entries and Worksheet Completion (make your answers on this test)

Jan Cornelius is a lawyer specializing in estate law. A trial balance was taken on December 31, 20--. Complete the year- end adjusting entries and complete the worksheet shown on the next page. Label the adjustments with the identifying letter.

1. There were office supplies on hand at year-end of $800.
2. There was $1,300 of additional rent used during the year
3. Depreciation on the computer equipment for the year was $1,400.
4. Wages earned but not paid as of December 31 were $1,200.

Preview File Edit View Go Tools Window Help THESanInAn.. OU A $ Thu16:13 Q DE . . . Midterm Ch 1-5 applied.pdf (page 2 of 3) Q. Search Midterm Ch 1-5 applied.pdf (page 2 of 3) Jan Cornelius, Attorney Worksheet For Year Ended December 31, 20-- Account Title Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Debi Credit Debit Credit Debits Credits Debit Credit Debit Credit Cash 15, 000 Accounts Receivable 6, 000 Office Supplies 1, 000 Prepaid Rent 1, 400 Computer Equipment 13, 80 Accum Depr- Comp. Equip 2, 600 Accounts Payable , 000 Wages Payable J. Cord, Capital 13, 000 J. Cord, Withdrawals 4, 100 Client Feet 40, 000 Rent Expense 6, 000 Wages Expense 14,000 Office Supplies Expense a7b 8-1 Dep. Expense - Comp. Equip. Telephone Expense 1, 100 Utilities Expense 2, 200 64, 600 64, 600 CS 161C+ Resources Get Help Here: Lane Support HE 152: Drugs, Society & Progress: 0 / 16 0% Hub Spring 2020 Behavior Sp20 (Oberstaller. A W X