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I need some help understanding how to enter adjustments. Some of the adjustments are given, and others I need to find in the list of
I need some help understanding how to enter adjustments. Some of the adjustments are given, and others I need to find in the list of transactions these are the given adjustments:
- Motor vehicle and shop furniture & fixtures are to be depreciated at 15% per year.
- Wages owing at 30 April: Dirk 9 hours, Mae 8 hours
- The April bank statement included bank fees of $35.
- Inventory count on 30 April revealed inventory on hand as:
- Big Head helmets 16 Road Runner bikes 14 Coast Cruiser bikes 11 T-shirts 52
I need to record end of month adjustments in the general journal and post these to the general ledger. i also need to record and post all transactions from the general and specialist journals to the general ledger. i'm just a bit lost and need help getting started.
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