co) Definition - X es a p madju Date Accounts and Explanation Debit Credit Mar. 31 Interest Receivable 300 inver Adj. (a) Interest Revenue 300 Elect To accrue interest revenue. prep Mar. 31 3,300 Trudd Adj. (b) 3,300 Ad Mar. 31 1,305 Adj. (c) Salaries Expense (Selling) Salaries Payable To accrue salaries expense. Depreciation Expense-Equipment (Administrative) Accumulated Depreciation Equipment To record depreciation on equipment Interest Expense Interest Payable To accrue interest expense. 1,305 Mar. 31 1,000 Adj. (d) 1,000 Mar. 31 Cost of Goods Sold 700 Adj. (0) 700 Merchandise Inventory Adjustment for inventory shrinkage. oment omplet Print Done Requirement 2. Prepare Trudel Electronics's adjusted trial balance as of March 31, 2016. Review the adiusting entries you prepared in Requirement Trudel Electronics Company Adjusted Trial Balance March 31, 2016 Balance Debit Credit Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Equipment Depreciation Expense Equipment (Administrative) Interest Receivable Interest Payable Accounts Payable Uneamed Revenue This question has not been completed. X i Requirements bn a. e. 1. Journalize the adjusting entries using the following data: Interest revenue accrued, $300. b. Salaries (Selling) accrued, $3,300. c. Depreciation expense-Equipment (Administrative), $1,305. d. Interest expense accrued, $1,000. A physical count of inventory was completed. The ending Merchandise Inventory should have a balance of $45,000. 2. Prepare Trudel Electronics's adjusted trial balance as of March 31, 2016. 3. Prepare Trudel Electronics's multi-step income statement for year ended March 31, 2016. 4. Prepare Trudel Electronics's statement of owner's equity for year ended March 31, 2016. Assume Trudel made no additional contributions during the year. 5. Prepare Trudel Electronics's classified balance sheet in report form as of March 31, 2016. Print Deme co) Definition - X es a p madju Date Accounts and Explanation Debit Credit Mar. 31 Interest Receivable 300 inver Adj. (a) Interest Revenue 300 Elect To accrue interest revenue. prep Mar. 31 3,300 Trudd Adj. (b) 3,300 Ad Mar. 31 1,305 Adj. (c) Salaries Expense (Selling) Salaries Payable To accrue salaries expense. Depreciation Expense-Equipment (Administrative) Accumulated Depreciation Equipment To record depreciation on equipment Interest Expense Interest Payable To accrue interest expense. 1,305 Mar. 31 1,000 Adj. (d) 1,000 Mar. 31 Cost of Goods Sold 700 Adj. (0) 700 Merchandise Inventory Adjustment for inventory shrinkage. oment omplet Print Done Requirement 2. Prepare Trudel Electronics's adjusted trial balance as of March 31, 2016. Review the adiusting entries you prepared in Requirement Trudel Electronics Company Adjusted Trial Balance March 31, 2016 Balance Debit Credit Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Equipment Depreciation Expense Equipment (Administrative) Interest Receivable Interest Payable Accounts Payable Uneamed Revenue This question has not been completed. X i Requirements bn a. e. 1. Journalize the adjusting entries using the following data: Interest revenue accrued, $300. b. Salaries (Selling) accrued, $3,300. c. Depreciation expense-Equipment (Administrative), $1,305. d. Interest expense accrued, $1,000. A physical count of inventory was completed. The ending Merchandise Inventory should have a balance of $45,000. 2. Prepare Trudel Electronics's adjusted trial balance as of March 31, 2016. 3. Prepare Trudel Electronics's multi-step income statement for year ended March 31, 2016. 4. Prepare Trudel Electronics's statement of owner's equity for year ended March 31, 2016. Assume Trudel made no additional contributions during the year. 5. Prepare Trudel Electronics's classified balance sheet in report form as of March 31, 2016. Print Deme
