Journalize Adjusting Entries for a Merchandising Business

1. Journalize the adjustments in a general journal. If an amount box does not require an entry, leave it blank.

The following partial work sheet is taken from the books of Carmen's Collies, a local pet kennel, for the year ended December 31, 20--.

Carmen's Collies Work Sheet (Partial) For Year Ended December 31, 20--
ACCOUNT TITLE	TRIAL BALANCE		ADJUSTMENTS
	DEBIT	CREDIT	DEBIT	CREDIT
Merchandise Inventory	35,345		(b) 29,940	(a) 35,345
Supplies	4,355			(d) 3,020
Building	51,125
Accum. Depr.Building		22,960		(e) 5,920
Wages Payable				(f) 1,270
Unearned Grooming Revenue		7,295	(c) 5,270
Income Summary			(a) 35,345	(b) 29,940
Grooming Revenue		24,635		(c) 5,270
Wages Expense	40,800		(f) 1,270
Supplies Expense			(d) 3,020
Depr. ExpenseBuilding			(e) 5,920
			80,765	80,765