ACCOUNTING SOCIETY Part Two Instructions The following are the adjusting journal entries for the month of September using the same format as given above. Before you prepare the ten adjusting journal entries below in an Excel spreadsheet please make sure corrections have been made to any previous journal entries. The following are the adjusting journal entries for the month of September. Record all adjusting entries with the date September 30, 2021. Record Adjusting Entries: Record the following month end adjusting entries for the month of September. Write the journal entries in a new Excel Spreadsheet. Record Adjusting Entries: Record the following month end adjusting entries for the month of September. Write the journal entries after the original journal entries. Round all answers to the nearest cent. a. $300 of supplies remained on hand. b. $75 of ribbon supplies remained on hand. c. $200 of prepaid advertising remains on hand d. $900 of wages for the part-time help from Irene's Temp Services for September should be accrued. Do not worry about payroll taxes; Temp Services Inc. will handle these. e. Make the necessary adjusting entries for one month's depreciation for the fixtures and shelves using Straight Line Depreciation. f. Make the necessary adjusting entry for one month's depreciation for the computer equipment using Straight Line Depreciation. 8. One month of the prepaid insurance has expired. h. One month of the prepaid rent has expired. 1. Record the interest for the loan The interest on the computer has been recorded in journal entry #27 Follow the same instructions for the adjusting journal entries that you did in part one. Once the adjusting entries have been completed in the spreadsheet use the spreadsheet to answer the questions in Blackboard then print out the Spreadsheet and turn it in. Step 1: Write the adjusting journal entries in an Excel spreadsheet Step 2: Use the Excel spreadsheet to answer the questions in Blackboard Step 3: Once you complete entering information print out the Spreadsheet and turn in the assignment ACCOUNTING SOCIETY Part Two Instructions The following are the adjusting journal entries for the month of September using the same format as given above. Before you prepare the ten adjusting journal entries below in an Excel spreadsheet please make sure corrections have been made to any previous journal entries. The following are the adjusting journal entries for the month of September. Record all adjusting entries with the date September 30, 2021. Record Adjusting Entries: Record the following month end adjusting entries for the month of September. Write the journal entries in a new Excel Spreadsheet. Record Adjusting Entries: Record the following month end adjusting entries for the month of September. Write the journal entries after the original journal entries. Round all answers to the nearest cent. a. $300 of supplies remained on hand. b. $75 of ribbon supplies remained on hand. c. $200 of prepaid advertising remains on hand d. $900 of wages for the part-time help from Irene's Temp Services for September should be accrued. Do not worry about payroll taxes; Temp Services Inc. will handle these. e. Make the necessary adjusting entries for one month's depreciation for the fixtures and shelves using Straight Line Depreciation. f. Make the necessary adjusting entry for one month's depreciation for the computer equipment using Straight Line Depreciation. 8. One month of the prepaid insurance has expired. h. One month of the prepaid rent has expired. 1. Record the interest for the loan The interest on the computer has been recorded in journal entry #27 Follow the same instructions for the adjusting journal entries that you did in part one. Once the adjusting entries have been completed in the spreadsheet use the spreadsheet to answer the questions in Blackboard then print out the Spreadsheet and turn it in. Step 1: Write the adjusting journal entries in an Excel spreadsheet Step 2: Use the Excel spreadsheet to answer the questions in Blackboard Step 3: Once you complete entering information print out the Spreadsheet and turn in the assignment
