Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

HI can you please help me in doing this Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to

  1. HI can you please help me in doing this
    image text in transcribedimage text in transcribed
Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editin Question 2: Adjusted Trial Balance. Adjustments as at 30 June 20x7 - How to complete From your adjusting entries in Question 1 you will now be able to populate your Adjustments as at 30 June 20X7. Recall from the prior example, that the adjusting entry for Writing off Bad Debts was as follows: Account Debit Credit Provision for doubtful debts 540 Accounts Receivables 540 Therefore, we will populate the Adjustments as at 30 June 20x7 columns accordingly as seen on the next page. Adjusted Trial Balance - How to complete The T-Balances for the Provision for Doubtful debts and Accounts Receivable can be seen below; Provision for Doubtful Debts Date Account Dr Date Account 30/6 Provision for doubtful debts 540 30/6 Unadjusted Trial Balance 2,500 2,500 Closing 30/6 Balance [2500 - 1,960 here to search hp . . 2 13 4 10I f5 f6 fg 144 % & 2 # 3 $ 4 5 6 9 W E R T Y U S D F G H KABKA106 - Adjusting Entries Assessment V3 - Pr... - Saved Vandana Ram VR Insert Design Layout References Mailings Review View Help Sha VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing Office equipment 63,839 63839 Sales 211392 21 1392 Prepaid insurance Insurance Expense 2,772 Wages Expense 1,694 Wages accrued Accrued Interest Interest Income 2,010 Commission Income 9,482 Commission received in advance Depreciation expense Accumulated Depreciation Bad debt expense 2,500 Investment 99,012 Total 225384 225384 12,230 12,230 234,301 234,301 Great work, you have filled out the table. If your totals don't match the figures provided, I. please go back and check your debits and credits or your closing balances. www.careeracademy online The Career Ace pe here to search W hp . . .. . . . . . . . . 6 . .. . .. . . . . . .. . . . . . . . . . . . ? f5 16 f8 144 @ # $ % & 2 3 4 5 6 7 8 9 W E R T Y U

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Financial Accounting

Authors: Fred Phillips, Robert Libby, Patricia A Libby

3rd Edition

0073527106, 9780073527109

More Books

Students also viewed these Accounting questions

Question

How would you handle the difficulty level of the texts?

Answered: 1 week ago

Question

What does stickiest refer to in regard to social media

Answered: 1 week ago