Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Fill in the following chart using the information underneith that. Unadjusted trial baland Adjusted trial balanc Adjusting entries Debit Debit Debit Account Cash Baking Supplies
Fill in the following chart using the information underneith that.
Unadjusted trial baland Adjusted trial balanc Adjusting entries Debit Debit Debit Account Cash Baking Supplies Merchandise Invento Prepaid Rent Prepaid Insurance Baking Equipment Misc. Supplies Accounts Receivable Notes Payable Accounts Payable Credit Credit Credit u w use the "Adjusting Entries tab in your workbook to complete the to lowing entries See for Depredation of BakdingEquipment. September30, the tolowing adjuatments must be made: month of Depredlation of baking equwpment tronsterved to company on 7/13. As sume depredlation in Jwy using the stralight Wne method. Accrue Iinterest fornote payable (Assumea full month af interest for July e used forthe year. $1100 . Actual baking supples on hand as of September 3 .Miac.supp es on hand as of september 30th is $50. Common Stock Dividend:s Bakery Sales Merchandise Sales yadjusting entries to the tial balance to areatetheadjusted trial balance entries from Stp 6 wil apply to affected accounts in the unadjusted trid balanceto arrve at adjured al balance Baking Supplies Expense Rent Expense Insurance Expense Misc. Expense Business License Expense CONGRATULATIONS! YOu ARE HOY READY TO SUBHIT YOUR TORKBOOK TO COMPLETE THE 4-3 CHECKPOIHT REQUIREMEHT dvertising Expense Telephone Expense COGS Depreciation Expense ccumulated Depreciation Misc Supplies Expense nterest Expense Interest Payable" 208.33 208.33 208.33 208.33 208.33 208.33 208.33 208.33 Unadjusted trial baland Adjusted trial balanc Adjusting entries Debit Debit Debit Account Cash Baking Supplies Merchandise Invento Prepaid Rent Prepaid Insurance Baking Equipment Misc. Supplies Accounts Receivable Notes Payable Accounts Payable Credit Credit Credit u w use the "Adjusting Entries tab in your workbook to complete the to lowing entries See for Depredation of BakdingEquipment. September30, the tolowing adjuatments must be made: month of Depredlation of baking equwpment tronsterved to company on 7/13. As sume depredlation in Jwy using the stralight Wne method. Accrue Iinterest fornote payable (Assumea full month af interest for July e used forthe year. $1100 . Actual baking supples on hand as of September 3 .Miac.supp es on hand as of september 30th is $50. Common Stock Dividend:s Bakery Sales Merchandise Sales yadjusting entries to the tial balance to areatetheadjusted trial balance entries from Stp 6 wil apply to affected accounts in the unadjusted trid balanceto arrve at adjured al balance Baking Supplies Expense Rent Expense Insurance Expense Misc. Expense Business License Expense CONGRATULATIONS! YOu ARE HOY READY TO SUBHIT YOUR TORKBOOK TO COMPLETE THE 4-3 CHECKPOIHT REQUIREMEHT dvertising Expense Telephone Expense COGS Depreciation Expense ccumulated Depreciation Misc Supplies Expense nterest Expense Interest Payable" 208.33 208.33 208.33 208.33 208.33 208.33 208.33 208.33Step 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