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As the requirement shows Valley Apartments Inc.'s unadjusted and adjusted trial balance at April 30, 2017, follow (Click the icon to view the unadjusted and
As the requirement shows
Valley Apartments Inc.'s unadjusted and adjusted trial balance at April 30, 2017, follow (Click the icon to view the unadjusted and adjusted trial balances.) Requirements 1. Make the adjusting entries that account for the differences between the two trial balances. 2. Compute Valley Apartments Inc.'s total assets, total liabilities, total equity, and net income. Prove your answer with the accounting equation Requirement 1. Make the adjusting entries that account for the differences between the two trial balances. The first difference occurs in the Accounts Receivable account. Record the adjustment to Accounts Receivable and the related account. (Record debits first, then credits. Enter explanations on the last line.) Journal Entry Date Accounts Credit of 5 pts 2 of 3 (2 complete) HW Score: 65.52%, 9.83 of 15 A (alt3) Unadjusted and adjusted trial balances partments Inc lick the icon to aments the adjusting pute Valley Apg uation Fement 1. Make est difference od credits. Enter ex Valley Apartments Inc. Adjusted Trial Balance April 30, 2017 Trial Balance Debit Credit $ 7,900 6,700 (Record debits first, Adjusted Trial Balance Debit Credit $ 7,900 7,000 600 3,900 300 ate Account Title Cash Accounts receivable Interest receivable Note receivable Supplies Prepaid insurance Building Accumulated depreciation Accounts payable Wages payable Uneamed rental revenue Share capital 3,900 950 2,800 66,500 1,300 66,500 S 10.100 6,800 I 18,700 6,800 900 300 18,000 sose from any list Print Done parts remaining Answer Valley Apartments Inc.'s unadjusted and adjusted trial balance at April 30, 2017, follow (Click the icon to view the unadjusted and adjusted trial balances.) Requirements 1. Make the adjusting entries that account for the differences between the two trial balances. 2. Compute Valley Apartments Inc.'s total assets, total liabilities, total equity, and net income. Prove your answer with the accounting equation Requirement 1. Make the adjusting entries that account for the differences between the two trial balances. The first difference occurs in the Accounts Receivable account. Record the adjustment to Accounts Receivable and the related account. (Record debits first, then credits. Enter explanations on the last line.) Journal Entry Date Accounts Credit of 5 pts 2 of 3 (2 complete) HW Score: 65.52%, 9.83 of 15 A (alt3) Unadjusted and adjusted trial balances partments Inc lick the icon to aments the adjusting pute Valley Apg uation Fement 1. Make est difference od credits. Enter ex Valley Apartments Inc. Adjusted Trial Balance April 30, 2017 Trial Balance Debit Credit $ 7,900 6,700 (Record debits first, Adjusted Trial Balance Debit Credit $ 7,900 7,000 600 3,900 300 ate Account Title Cash Accounts receivable Interest receivable Note receivable Supplies Prepaid insurance Building Accumulated depreciation Accounts payable Wages payable Uneamed rental revenue Share capital 3,900 950 2,800 66,500 1,300 66,500 S 10.100 6,800 I 18,700 6,800 900 300 18,000 sose from any list Print Done parts remaining
As the requirement shows
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