Daily Journal
Closing Journal
Journal Adjusting
General Ledger
Trial Balance
Financials
D A a : F G H 1 2 3 4 5 6 7 8 9 19. Dec. 31 a. Depreciation of the mountain bikes purchased on July 8 was $1,190 and kayaks purchased on August 4 was $5,600 20. Dec. 31 b. Record any necessary adjustment for the one-year insurance policy purchased on July 1. 21. Dec. 31 c. Prepare any necessary adjustment for the one-year rental agreement purchased on September 1. 22. Dec. 31 d. Record any necessary adjustment for the deferred revenue from July, all of the revenue was earned at the August 10 clinic. 23. Dec. 31 c. Of the $1,900 of office supplies purchased in July (Chapter 2 Homework), 5300 remains 24. Dec. 31 f. Interest expense on the $30,000 loan obtained from the city council on August I should be recorded. 25. Dec. 31 g of the $2,800 of racing supplies purchased on December 12, 8200 remains 26. Dec. 31 h. Suzie calculates that the company owes S14,000 in income taxes, NOTE: Use Good Journal Form to receive credit. Good form is debit(s) first, followed by credits, then one blank line. First one is done Date Debit Credit 19 10 M Account R 11 12 13 Instructions Journal-Daily A Journal-Adjusting Journal-Closing + Chapter 3 Homework Fall 2020 D A Q .. 1 2 3 4 B F G H 27. Dec. 31 Close the revenue accounts 28. Dec. 31 Close the expense accounts. 29. Dec. 31 Close the dividend accounts NOTE: Use Good Journal Form to receive credit. Good form is debit(s) first, followed by credits, then one blank line. First one is done # Date Account Debit Credit R 27. 5 6 7 8 9 28 10 11 12 HH Instructions Journal-Daily Journal-Adjusting A Journal-Closing + Chapter 3 Homework Fall 2020 D A a A 1 M T v w Cach Account Reels Cle N Supplies Of Supplies Racing H Journal-Adjusting Journal-Closing General Ledger Trial Balance + Chapter 3 Homework Fall 2020 D A a .. + . 1 NOTE: Ersteller de H. Journal-Adjusting Journal-Closing General Ledger Trial Balance + Chapter 3 Homework Fall 2020 .. F G H 1 2 3 4 5 6 7 8 9 19. Dec. 31 a. Depreciation of the mountain bikes purchased on July 8 was $1,190 and kayaks purchased on August 4 was $5,600 20. Dec. 31 b. Record any necessary adjustment for the one-year insurance policy purchased on July 1. 21. Dec. 31 c. Prepare any necessary adjustment for the one-year rental agreement purchased on September 1. 22. Dec. 31 d. Record any necessary adjustment for the deferred revenue from July, all of the revenue was earned at the August 10 clinic. 23. Dec. 31 c. Of the $1,900 of office supplies purchased in July (Chapter 2 Homework), 5300 remains 24. Dec. 31 f. Interest expense on the $30,000 loan obtained from the city council on August I should be recorded. 25. Dec. 31 g of the $2,800 of racing supplies purchased on December 12, 8200 remains 26. Dec. 31 h. Suzie calculates that the company owes S14,000 in income taxes, NOTE: Use Good Journal Form to receive credit. Good form is debit(s) first, followed by credits, then one blank line. First one is done Date Debit Credit 19 10 M Account R 11 12 13 Instructions Journal-Daily A Journal-Adjusting Journal-Closing + Chapter 3 Homework Fall 2020 D A Q .. 1 2 3 4 B F G H 27. Dec. 31 Close the revenue accounts 28. Dec. 31 Close the expense accounts. 29. Dec. 31 Close the dividend accounts NOTE: Use Good Journal Form to receive credit. Good form is debit(s) first, followed by credits, then one blank line. First one is done # Date Account Debit Credit R 27. 5 6 7 8 9 28 10 11 12 HH Instructions Journal-Daily Journal-Adjusting A Journal-Closing + Chapter 3 Homework Fall 2020 D A a A 1 M T v w Cach Account Reels Cle N Supplies Of Supplies Racing H Journal-Adjusting Journal-Closing General Ledger Trial Balance + Chapter 3 Homework Fall 2020 D A a .. + . 1 NOTE: Ersteller de H. Journal-Adjusting Journal-Closing General Ledger Trial Balance + Chapter 3 Homework Fall 2020 ..
