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Find general journal Data needed for year-end adjustments are as follows: - Unbilled fees at July 31,$10,500. - Supplies on hand at July 31, $900.
Find general journal
Data needed for year-end adjustments are as follows: - Unbilled fees at July 31,$10,500. - Supplies on hand at July 31, \$900. - Rent expired, $6,300. - Depreciation of equipment during year, $8,650. - Unearned fees at July 31,$1,590. Selected account balances betore adjustment for Atlantic Coast Reality at July 31 , the end of the current year, are as follows: EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends 16 Equipment 17 Accumulated Depreciation-Equipment LIABILITIES 21 Accounts Payable 22 Unearned Fees 23 Wages Payable 24 Taxes Payable .52 Insurance Expense 53 Rent Expense 54 Wages Expense 55 Supplies Expense 56 Utilities Expense 57 Depreciation Expense 59 Miscellaneous Expense EQUITY 31 Common Stock Chart of Accounts ation o ed fees accrue red: tize th. vould t vould vould b id wag CHART OF ACCOUNTS Alantic Coast Realty General Ledger ASSETS 11 Cash 12 Accounts Receivable 13 Supplies 14 Prepaid Rent 15 Land 16 Equipment REVENUE 41 Fees Earned 42 Rent Revenue EXPENSES 51 Advertising Expense 52 Insurance Expense Chart of Accounts ation o ed fees accrue red: tize th. vould t vould vould b id wag CHART OF ACCOUNTS Alantic Coast Realty General Ledger ASSETS 11 Cash 12 Accounts Receivable 13 Supplies 14 Prepaid Rent 15 Land 16 Equipment REVENUE 41 Fees Earned 42 Rent Revenue EXPENSES 51 Advertising Expense 52 Insurance Expense Selected account balances betore adjustment for Atlantic Coast Reality at July 31 , the end of the current year, are as follows: Data needed for year-end adjustments are as follows: - Unbilled fees at July 31,$10,500. - Supplies on hand at July 31, \$900. - Rent expired, $6,300. - Depreciation of equipment during year, $8,650. - Unearned fees at July 31,$1,590. 16 Equipment 17 Accumulated Depreciation-Equipment LIABILITIES 21 Accounts Payable 22 Unearned Fees 23 Wages Payable 24 Taxes Payable .52 Insurance Expense 53 Rent Expense 54 Wages Expense 55 Supplies Expense 56 Utilities Expense 57 Depreciation Expense 59 Miscellaneous Expense EQUITY 31 Common Stock EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends Step by Step Solution
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