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8-1 APPLICATION PROBLEM Journalizing and posting adjusting entries A journal and general ledger accounts for Len's Laundry are given below. A partial work sheet for

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8-1 APPLICATION PROBLEM Journalizing and posting adjusting entries A journal and general ledger accounts for Len's Laundry are given below. A partial work sheet for the month ended April 30 of the current year is shown below. ADJUSTMENTS ACCOUNT TITLE DEBIT CREDIT (a) 45000 )200o0 Supplies Prepald Insurance Insurance Expense Supplles Expense ) 20000 14 Miscellaneous Expense a)45000 Use page 12 of the journal. Journalize and post the adjusting entries. 1. Application Problem 8-1 Aa Aa Page 12 JOURNAL Doc.Post. General Sales Cash Date Account Title No. Ref Debit Credit Credit Debit Credit Select: General Ledger

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