Ch$.3$ G$.$L$.$ Assignment $($i$)$

Information for adjustments is as follows:

a$.$ Supplies available at the end of the current fiscal year total $$3,400.$

b$.$ Cost of expired insurance for the current fiscal year is $$2,500.$

c$.$ Annual depreciation on equipment is $$31,800.$

d$.$ June utilities expense of $$900$ is not included in the unadjusted trial balance because the bill arrived after the trial balance was prepared. The $$900$ amount owed must be recorded.

e$.$ Employees have earned $$5,700$ of accrued and unpaid wages at fiscal year$-$end.

f$.$ Rent expense incurred and not yet paid or recorded at fiscal year$-$end is $$2,800.$

g$.$ Additional property taxes of $$1,900$ have been assessed for this fiscal year but have not been paid or recorded at fiscal year$-$end.

h$.$ $$700$ accrued interest for June has not yet been paid or recorded.

$\backslash$table$[[$Requirement$,\backslash$table$[[$General$],[$Journal$]],\backslash$table$[[$General$],[$Ledger$]],$Trial Balance,$\backslash$table$[[$Income$],[$Statement$]],\backslash$table$[[$St of Retained$],[$Earnings$]],$Balance Sheet,Post Closing$]]$

General Journal tab $-$ Prepare any necessary adjusting and closing entries for the current fiscal year.

General Ledger tab $-$ Each journal entry is posted automatically to the general ledger. Use the drop$-$down button to view the unadjusted, adjusted, or post$-$closing balances.

Trial Balance tab $-$ You may view the unadjusted, adjusted, or post$-$closing trial balances by choosing from the dropdown box below. Your choice will determine the reported values on the financial statement tabs$.$

Income Statement tab $-$ Use the drop$-$downs to select the accounts properly included on the income statement.

The unadjusted, adjusted or post$-$closing balances will appear for each account, based on your selection.

Statement of Retaine$-$f Earnings tab $-$ The unadjusted, adjusted or post$-$closing balances will appear for each account, based on your selection:

Balance Sheet tab $-$ Use the drop$-$downs to select the accounts properly included on the balance sheet. The unadjusted, adjusted or post$-$closing balances will appear for each account, based on your selection.

Post$-$Closing tab $-$ Use the drop$-$downs to indicate whether each account is included on the post$-$closing trial balance.