Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Journalize the adjusting entries from the adjustments columns of the worksheet. (Credit account titles are automatically indente when amount is entered. Do not indent manually.
Journalize the adjusting entries from the adjustments columns of the worksheet. (Credit account titles are automatically indente when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Mar. 31 (Adjusting entry for supplies) Mar. 31 (Adjusting entry for depreciation) Mar. 31 (Adjusting entry for unearned service revenue) Mar. 31 TT er 4 Question 1 of 2 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment 1,300 Accounts Payable 2,210 Unearned Service Revenue 510 Owner's Capital 12,820 Owner's Drawings 1,020 Service Revenue 6,700 Salaries and Wages Expense 1,270 Miscellaneous Expense 480 23,540 23,540 Other data: 1. A physical count reveals only $400 of roofing supplies on hand. 2. Depreciation for March is $260. 3. Unearned revenue amounted to $150 at March 31. 4. Accrued salaries are $600. worksheet For the Month Ended March 31, 2022 Account Titles Trial Balance Dr. Cr. 4,000 3,700 1,630 11,440
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started