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I am supposed to do journal entries for this but I'm not sure how. Problem 3-02 Bonita Advertising was founded in January 2013. Presented below
I am supposed to do journal entries for this but I'm not sure how.
Problem 3-02 Bonita Advertising was founded in January 2013. Presented below are adjusted and unadjust Dr. BONITA ADVERTISING TRIAL BALANCE DECEMBER 31, 2020 Unadjusted Cr. Cash $13,590 Accounts Receivable 23,900 Supplies 8,720 Prepaid Insurance 4,740 Equipment 61,290 Accumulated Depreciation Equipment $25,640 Accounts Payable 16,090 Interest Payable -0- Notes Payable 5,000 Unearned Service Revenue 6,530 Salaries and Wages Payable -0- Common Stock 9,000 Retained Earnings 3,360 Service Revenue 63,630 Salaries and Wages Expense 11,050 Insurance Expense Interest Expense 440 Depreciation Expense Supplies Expense Rent Expense 5,520 $129,250 $129,250 Adjusted Dr. Cr. $13,590 27,744 3,287 3,874 61,290 $30,480 16,090 150 5,000 5,137 1,284 9,000 3,360 68,867 12,334 866 590 4,840 5,433 5,520 $139,368 $139,368 Journalize the annual adjusting entries that were made. (Credit account titles are automatica for the anounts.) No. Date Account Titles and FynlantiStep by Step Solution
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