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Instructions Chart of Accounts Journal Instructions Garcia Realty Co. pays weekly salaries of $12,100 on Friday for a five-day workweek ending on that day. Journalize

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Instructions Chart of Accounts Journal Instructions Garcia Realty Co. pays weekly salaries of $12,100 on Friday for a five-day workweek ending on that day. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ende exact wording of account titles. Garcia Realty Co. General Ledger ASSETS REVENUE 11 Cash 41 Fees Earned 12 Accounts Receivable 13 Supplies 14 Prepaid Insurance EXPENSES 15 Land 16 Equipment 17 Accumulated Depreciation-Equipment 51 Advertising Expense 52 Insurance Expense 53 Rent Expense 54 Salaries Expense 55 Supplies Expense 56 Utilities Expense 57 Depreciation Expense 59 Miscellaneous Expense LIABILITIES 21 Accounts Payable 22 Unearned Fees 23 Salaries Payable 24 Taxes Payable EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends All work saved. 330 18 .se ce (a) Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Wednesday, March 31. Refer to the Chart of Accounts for exact were PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION Adjusting Entries POST. REF DEBIT CREDIT ASSETS LILITIES ELITY (D) Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Thursday, March 31. Refer to the Chart of Accounts for exact wording of contes PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION Adjusting Entries POSTRE DEBIT CREDIT ASTS LIABILITIES EQUITY 2

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