Aleesha has printed her trial balance in readiness for you to prepare her year end accounts as at 30/11/X0. However, she has also made some
Aleesha has printed her trial balance in readiness for you to prepare her year end accounts as at 30/11/X0.
However, she has also made some notes about items which she thinks may need adjusting prior to finalising the financial statements.
Note 1: My rent is 8,400 per annum and I pay this quarterly in arrears. The last bill I had was for the quarter to 30/09/X0, so it seems like there might be some missing?
What adjustment journal needs to be entered in relation to Aleesha's rent?
DEBIT Answer 1Choose...PrepaymentsReceivablesPayablesBankAccrualsRentPetty cash CREDIT Answer 1Choose...PrepaymentsReceivablesPayablesBankAccrualsRentPetty cash
(Select your answer in each dropdown menu)
What is the value of the adjustment journal for the rent? Answer 2
(Enter the value with no sign, comma or decimal places)
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Authors: Carl S. Warren
2nd Edition
0324183445, 978-0324183443
