how to journalize and adjust entries?

Book Adjusting Entries Crazy Mountain Outfitters Co., an outfitter store for lahing treks, prepared the following unadjusted trial balance at the end of its first year of operations: Crazy Mountain Outfitters Co. Unadjusted Trial Balance April 30, 2045 Debit Balances Credit Balances 12,080 80,230 19,330 413,140 18,850 21.270 55,000 Accounts Receivable Supplies Equipment Accounts Payable Uneamed Fees Common Stock Retained Earnings Dividends Fees Earned Wages Expense Rent Expense Utilities Expense Miscellaneous Expense 231,000 15,950 483,340 112.130 55,550 61,380 9.670 809.460 809,460 Cuck My Workmore Check My Woksmaining Previous Nex All work saved Email Instructor Save and Ex Submit Assignment for eBook Check My Work 1. Keep in mind that you will be making an adjusting entry for each of these that affects at least one income statement account (revenue or exp fasset or liability). As you go through each of these, consider both sides of the transaction that results in an adjusting entry and identity related categories of adjusting entries include prepaid expenses (deferred expenses), uneamed revenues (deferred revenues), accrued expenses (acom (accrued assets) plus the adjustment for depreciation expenso. 2. Determine the revenues, expenses, and net income of Crazy Mountain Outfitters Co. before the adjusting entries. Revenues Expenses Net income 3. Determine the revenues, expenses, and net income of Crazy Mountain Outfitters Co. after the adjusting entries. Revenues Expenses Net income 4. Determine the effect of the adjusting entries op Retained Earnings. Retained Earnings by Feedback Check My Work 2 and 3. Remember that Revenue Expenses Not Income 4. How does not income affect Retained Earnings? Book Adjusting Entries Crazy Mountain Outfitters Co., an outfitter store for lahing treks, prepared the following unadjusted trial balance at the end of its first year of operations: Crazy Mountain Outfitters Co. Unadjusted Trial Balance April 30, 2045 Debit Balances Credit Balances 12,080 80,230 19,330 413,140 18,850 21.270 55,000 Accounts Receivable Supplies Equipment Accounts Payable Uneamed Fees Common Stock Retained Earnings Dividends Fees Earned Wages Expense Rent Expense Utilities Expense Miscellaneous Expense 231,000 15,950 483,340 112.130 55,550 61,380 9.670 809.460 809,460 Cuck My Workmore Check My Woksmaining Previous Nex All work saved Email Instructor Save and Ex Submit Assignment for eBook Check My Work 1. Keep in mind that you will be making an adjusting entry for each of these that affects at least one income statement account (revenue or exp fasset or liability). As you go through each of these, consider both sides of the transaction that results in an adjusting entry and identity related categories of adjusting entries include prepaid expenses (deferred expenses), uneamed revenues (deferred revenues), accrued expenses (acom (accrued assets) plus the adjustment for depreciation expenso. 2. Determine the revenues, expenses, and net income of Crazy Mountain Outfitters Co. before the adjusting entries. Revenues Expenses Net income 3. Determine the revenues, expenses, and net income of Crazy Mountain Outfitters Co. after the adjusting entries. Revenues Expenses Net income 4. Determine the effect of the adjusting entries op Retained Earnings. Retained Earnings by Feedback Check My Work 2 and 3. Remember that Revenue Expenses Not Income 4. How does not income affect Retained Earnings