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Adjusting entries Selected ledger accounts used by Underwood Properties, Inc., are listed along with identifying numbers. Following this list of account numbers and titles is

Adjusting entries

Selected ledger accounts used by Underwood Properties, Inc., are listed along with identifying numbers. Following this list of account numbers and titles is a series of transactions. For each transaction, you are to indicate the proper accounts to be debited and credited.

NOTES: 4 - Unexpired Insurance is the same thing as Prepaid Insurance

6 - Should say Accumulated Depreciation (contra-asset) on Office Equipment

24 - Unearned Fees is the same thing as Deferred Revenue (Fees)

The worksheet above is presented for illustration only.

In the corresponding boxes below for each lettered transaction in the table above, indicate the number(s) of the accounts to be debited or credited. For entries with two debits or credits, put both numbers separated by a comma, or it will be counted as wrong:

(a) debit(s)__ __ (a)credit(s)__ __

(b)debit(s) __ __(b)credit(s)__ __

(c)debit(s)__ __(c)credit(s)__ __

(d)debit(s)__ __ (d)credit(s)__ __

(e)debit(s)__ __(e)credit(s)__ __

(f)debit(s) __ __(f)credit(s)__ __

(g) debit(s)__ __(g)credit(s)__ __

(h)debit(s) __ __(h)credit(s)__ __

(i)debit(s) __ __(i)credit(s)__ __

(j)debit(s) __ __(j)credit(s)__ __

(k)debit(s)__ __(k)credit(s)__ __

(l)debit(s) __ __(l)credit(s)__ __

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