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I have to create adjusting journal entries and prepare an adjusted trial balance. The following is the data I am given plus the unadjusted trial
I have to create adjusting journal entries and prepare an adjusted trial balance. The following is the data I am given plus the unadjusted trial balance. What are the adjusting entries with this information?
a. $4,350 of prepaid insurance expired during the period
b. the company estimates depreciation expense of $8,150 for the period
c. a count showed earned $85,700 of supplies on hand
d. interest earned and recieveable on the outstanding notes recieveable is $260 for the period
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