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a. The business had sales that were not recorded in the amount of $5,500. For 2 marks prepare the adjusting entry below then post the
a. The business had sales that were not recorded in the amount of $5,500. For 2 marks prepare the adjusting entry below then post the debit and the credit above in the adjustment columns (blue area). An Explanation IS NOT NECESSARY. Account Name Debit Credit b. Equiment amortization in the amount of $2,000 needs to be recorded. For 2 marks prepare the adjusting entry below then post the debit and the credit above in the adjustment columns (blue area). An Explanation IS NOT NECESSARY. Account Name Debit Credit b C. Salaries need to be accrued amounting to $2,500. For 2 marks prepare the adjusting entry below then post the debit and the credit above in the adjustment columns (blue area). An Explanation IS NOT NECESSARY. Account Name Debit Credit d. Prepaid Rent was consumed/used in the amount $1,200. For 2 marks prepare the adjusting entry below then post the debit and the credit above in the adjustment columns (blue area). An Explanation IS NOT NECESSARY. d Account Name Debit Credit e. Supplies worth $3,200 were consumed/used up in the period
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