Answered step by step
Verified Expert Solution
Question
1 Approved Answer
- ***CHANGE*** C. Office Supplies on hand, to $400 - Post T-accounts with income and owners equity statment no just change it to $400 P4A-34A
- ***CHANGE*** C. Office Supplies on hand, to $400
- Post T-accounts with income and owners equity statment
no just change it to $400
P4A-34A Preparing adjusting entries and reversing entries The unadjusted trial balance and adjustment data of Martha's Motors at December 31, Learn Appes 2018, follow: MARTHA'S MOTORS Unadjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash S 4,200 Accounts Receivable 27,200 Office Supplies 1,000 Prepaid Insurance 2,400 Equipment 52,400 Accumulated Depreciation-Equipment $ 34,600 Accounts Payable 15,000 Wages Payable Unearned Revenue 7,900 Eaglin, Capital 18,500 Eaglin, Withdrawals 3,100 17,200 Service Revenue Depreciation Expense-Equipment 1,600 Wages Expense 0 Insurance Expense 1,300 Utilities Expense Supplies Expense $93,200 $ 93,200 Total Adjustment data at December 31, 2018: Depreciation on equipment, $2,100. b. Accrued Wages Expense, $1,100. c. Office Supplies . hand, $500. on d. Prepaid Insurance expired during December, $600. e. Unearned Revenue earned during December, $4,800. f.Accrued Service Revenue, $1,300 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