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MODIFIED PROBLEM 4-5A Directions: The December 31, 20 xx2 Trial Balance totals for Btoadway Photography have been entered into the attacbed General Ledger accounts. The
MODIFIED PROBLEM 4-5A Directions: The December 31, 20 xx2 Trial Balance totals for Btoadway Photography have been entered into the attacbed General Ledger accounts. The end of Broadway Photography's fiscal year is December 31, 20 xx2 Record the adjusting entries for the following fiscal year-end adjustments in the General Journal: a) Office supplies on hand, 55,010 b) Photo supplies on hand, $2,610 c) Insurance expired during the year, $1,440 d) Depreciation of office equipment during the year, $2,500 e) Depreciation of photo equipment during the year, $4,000 f) Salaries unpaid at the end of the year: $2,000 Post the adjusting entries to the General Ledger. After posting the adjusting entries, prepare an Adjusted Trial Balance dated December 31, 20X2
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