Answered step by step
Verified Expert Solution
Question
1 Approved Answer
all 4 pics for the same question Adjusting entry for supplies Chart of Account Journal Instruction The balance in the supplies account before adusent at
all 4 pics for the same question
Adjusting entry for supplies Chart of Account Journal Instruction The balance in the supplies account before adusent at the end of the year, is 55.620. The year and is December 31, Lounaire the December 31 adjusting entry required to the amount of supplies on hand at the end of the year is 31.700. Motor to the Chart of Account for cut worting of account Show Me How Chart of Accounts CHART OF ACCOUNTS General Ledger REVENUE ASSETS 11 Cash 41 Fees Eamed 12 Accounts Receivable 13 Supplies 14 Prepaid Insurance 15 Land EXPENSES 51 Advertising Expense 52 Insurance Expense 53 Rent Expense 54 Salary Expense 55 Supplies Expense 16 Equipment 17 Accumulated Depreciation Equipment LIABILITIES 21 Accounts Payable 22 Uneamed Fees 22. Salanes Payable 50 Utilities Expense 57 Depreciation Expense 59 Miscellaneous Expense IR TAI eBook Show Me How Chart of Accounts 13 Supplies 14 Prepaid Insurance 15 Land 16 Equipment 17 Accumulated Depreciation Equipment EXPENSES 61 Advertising Expense 52 Insurance Experise 53 Rent Expense 54 Salary Expense 55 Supplies Expense 58 Utilities Expense 57 Depreciation Expense 50 Miscellaneous Expense LIABILITIES 21 Accounts Payable 22 Unearned Fees 23 Salaries Payable 24 Taxes Payable EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends Adjusting entry for supplies Instructions Jinal Chart of Accounts Joana urnare the December 31 adjusting entry required the wount of supplies on hand at the end of the year 36,700 Refer to the Chart of Accounts for account JOURNAL ACCOUNTING EQUATION DATE POST. PET DEBIT CEDIT ASSETS LATES DICTION Adjusting Entries JOUETS 33 Dividends Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started