Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Need create ledger and trial balance Exercise 2: POSTING ADJUSTING ENTRIES Jones Company's unadjusted accounts and related balances are provided at September 30 $2,400 1,200

Need create ledger and trial balance image text in transcribed
image text in transcribed
image text in transcribed
Exercise 2: POSTING ADJUSTING ENTRIES Jones Company's unadjusted accounts and related balances are provided at September 30 $2,400 1,200 Accounts Receivable Office Supplies Salary Payable Uneaned Fees Income Fees Income Salary Expense Depreciation Expense 500 15,000 2,100 3,000 Instructions: Journalize and post the adjusting entries indicated from the following data: (a) Office Supplies on hand, $200 00 10o (b) Fees income earned but not yet recorded, $900 (c) Unearned Fees Income earned but not recorded, $400 (d) Salary owed to employees, $700 (e) Depreciation of $200 is recognized. ANSWER General Journal Date Particulars PR Debit Credit Supplies txon 900 cash

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Horngrens Cost Accounting A Managerial Emphasis

Authors: Srikant Datar, Madhav Rajan

16th Global Edition

1292211547, 9781292211541

More Books

Students also viewed these Accounting questions