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hi i need help filling out the journal for this. I have posted the blank journal as well eBook October 31, 2019 CREDIT ACCOUNT TITLE
hi i need help filling out the journal for this. I have posted the blank journal as well
eBook October 31, 2019 CREDIT ACCOUNT TITLE DEBIT 7,420.00 Cash 38,115.00 7,050.00 ? Accounts Receivable 3 Prepaid Insurance 4 Supplies 1,630.00 114,550.00 150,250.00 5 Land 88,800.00 6 Building 7 Accumulated Depreciation-Building 133,200.00 96,605.00 $ Equipment 9 Accumulated Depreciation-Equipment 10 Accounts Payable 12,560.00 7,035.00 217,215.00 15,055.00 11 Uneamed Rent 12 Jan Pitman, Capital 13 Jan Pitman, Drawing 14 Fees Earned 15 Salaries and Wages Expense 327,900.00 194,870.00 42,345.00 16 Utilities Expense 22,335.00 1) Advertising Expense 18 Repairs Expense 19 Miscellaneous Expense 17,690.00 5,605.00 20 Totals 750,115.00 750,115.00 Check My Work All work saved. The data needed to determine year-end adjustments are as follows: a Unexpired insurance at October 31, 56,130 b. Supplies on hand at October 31, 5615 c. Depreciation of building for the year, $7.610. d. Depreciation of equipment for the year, $4,300 e. Uneamed rent at October 31, $1,490 Accrued salaries and wages at October 31, $3,040 Fees eamed but unbilled on October 31, $10,865 Required: 1. Journalire the adjusting entries using the following additional accounts: Salaries and Wages Payable, Rent Revenue Insurance Expense, Depreciation Expense-Building, Depreciation Expense-Equipment and Supplies Expense. Refer to the Chart of Accounts for exact wording of account titles 2. Determine the balances of the accounts affected by the adjusting entries and prepare an adjusted trial balance. All transactions on this page u be entered except for postre before you will receive Check My Wort feedback JOURNAL Score: 4/176 ACCOUNTING EQUATION POST. REF CREDIT ASSETS LIABILITIES C ITY DESCRIPTION Adjusting Entries Points: 0.8/35 Previous Save and Exit Submit Assignment for Grading All work saved Step by Step Solution
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