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Make the Month end adjusting entries in general journal. The following are General Journal Entries for the month-end adjustments SD33: Memo #10 Dated February 28,
Make the Month end adjusting entries in general journal.
The following are General Journal Entries for the month-end adjustments SD33: Memo #10 Dated February 28, 2021 Complete adjusting entry for prepaid expenses insurance expired of $800. SD34: Bank Credit Memo CM-204552 Interest earned on bank deposits. Dated February 28, 2021 RRC Final Test Quickbooks Aug 202 $12.00 Chequing account interest revenue Savings account interest revenue 39.00 SD35: Memo #11 Dated February 28, 2021 Complete adjusting entries for one month of depreciation: Salon $ 830.00 Salon Equipment 50.00 Salon Furniture 150.00 Computer equipment $250.00 SD36: Bank Debit Memo DM-58284 Dated February 28, 2021 From Capital Bank: Authorized withdrawals from Bank Chequing account fo service charges and loan payments. Create a new Expense account: Bank Charges Expense. Mortgage ($1,000 principal; $250 interest) Long-Term Loan ($600 principal; $300 interest) 900.00 Monthly Bank Service Charges $68.00 1,250.00 SD37: Memo #12 Dated February 28, 2021 Complete adjusting entries for supplies used during February: Hair care supplies 112.00 Cosmetics supplies $340.00 Office and computer supplies 59.00
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