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Bill's Boards ( BB ) is an outdoor advertising company founded by William Longfall. William knows very little accounting so he hired a friend to
Bill's Boards BB is an outdoor advertising company founded by William Longfall. William knows very little accounting so he hired a friend to "keep the books." Unfortunately. William did not review his frlend's work and now it seems his friend has made a mess of the accounting records. William has provided you the following list of unadjusted account balances at BB September fiscal yearend. You have reviewed the balances with William and made notes shown in the right column.
Post the beginning balances and adjusting entries to the following Iaccounts.
tableCashDebitBeginning Balance,,,
tableEquipmentBeginning Balance,,,
tableAccumulated Depreciation,Deginning Balance,,,
tableAccounts Payable,,Deginning Balance,,,
tableDeferred Revenue,DebitBeginning Balance,,,
tableSalaries and Wages Payable,DebitBeginning Balance,,,
tableIncome Tax Payable,,DebitCreditBeginning Balance,,,,
tableCommon Stock,DebitBeginning Balance,,,
tableRetalned Eamings,Beginning Balance,,,Ending Balance,,,
tableSalaries and Wages Expense,Deginning Balance,,
tableDepreclation Expense,Beginning Balance,,Ending Balance,
tableSupplies Expense,,DebitBeginning Balance,,,
tableIncome Tax Expense,Beginning Balance,,Ending Balance,,
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