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Below is the Unadjusted Trial Balance for Windsor Inc. as of December 3 1 , 2 0 2 4 , in alphabetical order: The following
Below is the Unadjusted Trial Balance for Windsor Inc. as of December in alphabetical order:
The following information was presented to you as the accountant of Windsor Inc for consideration:
Software Depreciation of $ was not recorded yet for the year.
Wages were incurred for days in the amount of $ but have yet to be recognized.
It was noted, that the bookkeeper erroneously recorded the full $ supplies expense but $ were actually on hand and should be recorded as supplies inventory.
$ of the prepaid expense related to insurance was not realized as being utilized for the ending period December
Required:
A Record the appropriate adjusting journal entries in proer journal entry form.
B Update the Trial Balance based on the adjusting entries and present in the proper format with assets, liabilities, equity, revenue and then expenses listed.
C Based on the updated balances, present in proper form, the Statement of Comprehensive Income.Below is the Unadjusted Trial Balance for Windsor Inc. as of December in alphabetical order:
The following information was presented to you as the accountant of Windsor Inc for consideration:
Software Depreciation of $ was not recorded yet for the year.
Wages were incurred for days in the amount of $ but have yet to be recognized.
It was noted, that the bookkeeper erroneously recorded the full $ supplies expense but $ were actually on hand and should be recorded as supplies inventory.
$ of the prepaid expense related to insurance was not realized as being utilized for the ending period December
After completing the bank reconciliation, a $ service charge has yet to be recorded and a $ deposit from a customer on a balance owing from them bounced and was returned by the bank.
Required:
A Record the appropriate adjusting journal entries in proer journal entry form.
B Update the Trial Balance based on the adjusting entries and present in the proper format with assets, liabilities, equity, revenue and then expenses listed.
C Based on the updated balances, present in proper form, the Statement of Comprehensive Income.
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