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how would i journalize these adjusting entries? Unadjusted Financial Statements These financial statements were prepared from the unadjusted trial balance, Cole Designs Income Statement For
how would i journalize these adjusting entries? Unadjusted Financial Statements These financial statements were prepared from the unadjusted trial balance, Cole Designs Income Statement For the Year Ended December 31, 2018 Fees earned $69.400.00 2 Wages expense 44,600.00 3 Net income $24,800.00 Cole Designs Balance Sheet December 31, 2018 Assets Cole Designs Balance Sheet December 31, 2018 Assets 2. Cash $4,000.00 Accounts receivable 32,000.00 Supplies 3,575.00 5 Prepaid Insurance 3,400.00 11,000.00 Equipment Total assets $53,975.00 Liabilities 9 Uneamed fees $9,800.00 Owner's Equity 44.175.00 11 Ann Cole, Capital 12 Total Liabilities and owner's equity $53,975.00 Cole Designs Income Statement For the Year Ended December 31, 2018 1 Fees earned $75,250.00 Expenses: Wages expense 546,600.00 Supplies expense 3.455.00 Insurance expense 1,700.00 Depreciation expense 1,600.00 Total expenses 53,355.00 3 Net income $21.895.00 Cole Designs Balance Sheet December 31, 2018 Assets Cash $4,000.00 3 Accounts receivable 32.450.00 120.00 Supplies Prepaid Insurance 5 1.700.00 6 Equipment $11,000.00 Less accumulated depreciation-equipment 9,400.00 8 Total assets $47,670.00 Liabilities 10 Wages payable $2,000.00 11 Unearned fees 4,400.00 $6,400.00 12 Total liabilities Owner's Equity 14 Ann Cole, Capital 15 Total Liabilities and owner's equity 41.270.00 Journalize the six December 31 adjusting entries for Cole Designs that adjusted the accounts to arrive at the financial statements in the Adjusted Financial Statements panel. Refer to the Chart of Accounts for exact wording of account titles Journalize each adjustment as a separate entry Question not attempted. PAGE 25 JOURNAL Score: 0/151 ACCOUNTING EQUATION DESCRIPTION ASSETS LABILITIES TOUTY Adjusting Entries
how would i journalize these adjusting entries?
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