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Instruction Journal Journals will automatically indent a credit entry when a credit amount is er Perimeter Realty Co. pays weekly salaries of $16,400 on Friday
Instruction Journal Journals will automatically indent a credit entry when a credit amount is er Perimeter Realty Co. pays weekly salaries of $16,400 on Friday for a five-day workweek ending on that day. JOURNAL DATE POETRY DEBIT DESCRIPTION Adjusting Entries Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends (a) on Wednesday and (b) on Thursday. Refer to the chart of accounts for the exact wording of the account titles. CNOW Journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW Journals will automatically indent a credit entry when a credit amount is entered 2 3 (6) Journalize the necessary adjusting entry at the end of the accounting Thursday, March 31. Refer to the chart of accounts for the exact wording not use lines for journal explanations. Every line on a journal page is used Journals will automatically Indent a credit entry whon a credit amount is er JOURNAL DATE POST DEBIT DESCRIPTION Adjusting Entries Chart of Accounts CHART OF ACCOUNTS Perimeter Realty Co. General Ledger REVENUE 41 Fees Eamed ASSETS 11 Cash 12 Accounts Receivable 13 Supplies 14 Prepaid Insurance 15 Land 16 Equipment 17 Accumulated Depreciation Equipment EXPENSES 51 Advertising Expense 52 Insurance Expense 53 Rent Expense 54 Salaries Expense
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