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AA 2 Weapest General Normal ad Copy Insert Delete format Paste IU Conditional Format Good Formatting Cell Number Chand Alignment Font LE C F D

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AA 2 Weapest General Normal ad Copy Insert Delete format Paste IU Conditional Format Good Formatting Cell Number Chand Alignment Font LE C F D G H J K 1 M ANB N R O S T V W NAME: Adjusted Trial Balance 9,500 13,000 Required a) Joumalize the 7 adjusting entries using the info below. b) Post the adjustments to the general ledger accounts given c) Complete the adjusted trial balance using the updated account balances. d) Prepare an Income Statement further below using the adjusted trial balance. 3 5 6 7 B 9 10 111 12 13 14 15 16 17 18 19 20 21 22 23 Unadjusted Trial Balance 9,500 7,600 900 600 13,000 1.500 1.100 1,200 7,000 14,000 3.400 24,000 9,600 2,000 2,200 1,100 Cash Accts Receivable Prepaid Insurance Prepaid Rent Equipment Accumulated Depr Accts Payable Uneamed Revenue Loan Payable Smith, Capital Smith, Withdrawals Service Revenue Wages Expense Telephone Expense Insurance Expense Interest Expense Depreciation Expense Rent Expense Wages Payable Interest Payable 7,000 14,000 3,400 Information for completing adjusting entries: 1. Prepaid Rent that expired during the month - $200 2. Uneamed revenue that was earned during the month - $500 3. Accrued interest incurred on the loan Payable - $150 4. Depreciation of the Equipment for the month $300 5. Wages incurred but not yet paid at month end - 5400 6. Insurance that explred during the month - 3350 2,000 7. Services provided but not yet billed - 5800 49 300 48,800 27.900 22.100 25 26 GENERAL LEDGER (select accounts) Date 28 29 30 31 32 GENERAL JOURNAL Accounts Debitis ADJUSTING INTRES Credits) Auct Rec 7,600 Hint Expense B B. Service even 24.000 A Sheet Enter Stral lock Type here to search hp Normal 2 Copy 'Format Painter Clipboard IU $ %. 2 Conditional format as Formatting the Good Insert Dette to Fort Alignment Nyber 3 Styles Celt AB C D J NO 0 R S TV W 7 0 1 GENERAL LEDGER (select accounts) GENERAL JOURNAL Accounts Debit ADJUSTING ENTRIES Date Credits Acct. Rec 7,600 Rent Expense Bal Service Revenue 24,000 Ba AGB AGB m2 3 4 5 6 7 8 9 0 1 2 Prepaid Insurance 900 Bu Wares Expense 9,600 Unearned Rev. 1,200 53 Ad BA Prepaid Rent 600 Bu Insurance Impense 2,200 BM Interest Payable B. Ad Ad 25 4 5 6 7 -8 -9 60 Actu Depr 1,500 Interest Expense al Depr. Epense 16 B ALON AGB At Wares Payable 52 AB 54 55 56 57 Sheet2 Sheets ter Scroll Type here to search O

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