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File Home Insert Page Layout Formulas Data Review View Help Myriad Web Pro y 10 ' ' Wrap Text X Cut Lo Copy Format Painter
File Home Insert Page Layout Formulas Data Review View Help Myriad Web Pro y 10 ' ' Wrap Text X Cut Lo Copy Format Painter Paste BIU abca v E E Merge & C Clipboard Font Alignment Y8 X . D F G H - Mandy Maven's administrative assistant maintains a very simple computerized general ledger system. This system includes intuitive routines for recording receipts, payments, and sales on account. However, the system is not sufficiently robust to automate end-of-period adjustments. Below is the trial balance for the month ending January 31, 20X18. This trial balance has not been adjusted for the various items that are described below. Review the trial balance and narratives, and prepare the necessary adjusting entries. 1 2 3 4 Maven Corporation Trial Balance January 31, 2018 5 0 7 Debits Credits 8 Cash $ 37,500 9 12.410 10 2,400 11 7,113 35,000 12 13 14 Accounts receivable Prepaid insurance Supplies Equipment Accumulated depreciation Accounts payable Unearned revenue Loan payable Capital stock Retained earnings, Jan. 1 Revenues 10,000 7,569 8,500 15,000 15 16 17 18 24,000 15,457 43,995 19 20 12,098 13,000 21 Salary expense Rent expense Office expense Dividends 22 2,500 23 2,500 124.521 $ $ 124,521 24 20 ZU Maven Corporation's equipment had an original life of 140 months, and the straight-line depreciation method is used. As of January 1, the equipment was 40 months old. The equipment will be ... tl. ---Site web. I. II. und Problem Journal Entries + Ready
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