Activity 4.a - Using T-accounts to Analyze Adjustments Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate the adjusted balance and use a Bal. post reference to show the ending balance of each account. Used office supplies of $2,040. The Office Supplies unadjusted balance on December 31 is $7,300. Adjustment Type: Deferrals/Prepaids Supplies Expense I???? 2040 2040 Dec. 31 Bal. Dec. 31 Used prepaid insurance of $2,520. The Prepaid Insurance unadjusted balance as of December 31 is $11,500. Search Bal. Office Supplies 7300 7300 L ? HIN

Activity 4.AU sing T-accounts to Analyze Adjustments Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate the adjusted balance and Lse a Bal. post refercnce to show the ending balance of zach account. Used office supplies of $2,040. The Otfice Supplies unadjusted balance on December 31 is $7,300. Used prepaid insurance of $2,520. The Prepaid insurance unadjusted balance as of December 31 is 511,500