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Module 5 Task 2 Comprehensive Exercise: The Accounting Cycle, Part 2 This exercise has two parts. We have worked on the first part already
Module 5 Task 2 Comprehensive Exercise: The Accounting Cycle, Part 2 This exercise has two parts. We have worked on the first part already in Module 3 (Task 2). This part has 3 requirements. Cont. from Comprehensive Exercise: The Accounting Cycle Part 1 (Module 3 Task 2). Required 1. Record adjusting entries and post them in the T-accounts: a. Accrued salaries at year end amounted to $1,100 b. Accrued interest expense at year end amounted to $5,000 c. Used up supplies worth of $2,800
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