how can i journalizing??
problem 3 and 4!!!
please help me:)
I need help.!.!.!
Problem 3 Andrew Leah has just hired you as his bookkeeper for his landscaping company. The company makes adjusting entries annually, and the previous accountant had been making the appropriate entries up through 2019. It's now 2020 and you're given the trial balance below and some additional information. Make the appropriate adjusting entries. Credit Leah's Landscaping Service Trial Balance December 31, 2020 Account Titles Debit Cash 4,000 Accounts Receivable 200 Prepaid Insurance 2,400 Landscaping Supplies 895 Landscaping Equipment 3,600 Accumulated Depreciation Accounts Payable A. Leah, Capital Landscaping Revenue Heat Expense 400 Advertising Expense 180 Wage Expense 1,360 Totals 13,035 1,020 632 5,021 6,362 13,035 The insurance policy had been purchased on September 1, 2020, for $2,400, and covers 2 years. The landscaping equipment was purchased on January 2, 2017, has a salvage value of $540, and an estimated useful life of 6 years. The company uses the straight-line method to calculate depreciation. An inventory of lanscaping supplies indicates there's $230 left. On December 31, 2020, $240 in wages are owed to employees. Tip: Remember you are journalizing the December 31 adjusting entry, NOT the original transaction! Problem 3 Journal Template Accounts Date Debit Credit Problem 4 Blanchard's accounting period is one month and records adjusting entries at the end of each month. Read the description of following adjustments that are required at the end of the accounting period, March 31, for Blanchard Consulting Services. Journalize the necessary adjusting entries for the month of March in a general journal. Omit the descriptions. Use standard account titles, like those used in your textbook. 1 A 12- month lease (that means rent) on office space was signed and paid on January 1 for a total of $12,000. 2 Purchased supplies for $4,000 on January 22. Supplies used in March were $300. 3 Depreciation is computed using the straight-line method. Equipment purchased on January 1 for $5,000 has an estimated useful life of 4 years with a residual value of $500. 4 Paid for 6 months of insurance for the company car on January 1. The amount paid was $1,200. 5 Employees earned $4,200 in wages at the end of March, but payday isn't until April 2. Tip: Remember you are journalizing the March 31 adjusting entry, NOT the original transaction! Date Accounts Debit Credit