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need help please! The trial balance of Nina's Novelty, Inc., at April 30, 2018, and the data needed for the month-end adjustments follow: (Click the
need help please! The trial balance of Nina's Novelty, Inc., at April 30, 2018, and the data needed for the month-end adjustments follow: (Click the icon to view the trial balance.) 1. (Click the icon to view the adjustment data.) Read the requirements. Requirement 1. Journalize the adjusting entries. (Record debits first, then credits. Exclude explanations from any joumal entries.) a. Insurance coverage still remaining at April 30, \$800 b. Supplies used during the month, $700 c. Depreciation for the month, $1,500 d. Accrued utilities expense at April 30, $300 (use Accounts payable as the liability account needed e. Accrued salaries at April 30,$750 r. Service revenue still unearned at April 30,$1,300 Requirement 2. The unadjusted balances have boen entered in the T-occounts for ydt. Post the adjusting ontries to the T-acoounts. Reference the posted amounds by letters, (a) through (f). Calculate the odjusted balance for each account (Use a "Bal" posting reference to show the ending balance of each acoount.) Review the adjusfing entries from Requirement 1. Common stock Retained earnings Service revenue Salaries expense Insurance expense Bal 3,900 Depreciation expense, equipment Utilities oxpense Supplies expense Requirement 3. Prepare the adjusted trial balance at April 30. 2018. I Requirement 4. How will the company use the adjusted trial balance? The company will use the adjusted trial balance to Nina's Novelty, Inc. Trial Balance April 30, 2018 More info a. Insurance coverage still remaining at April 30,$800 b. Supplies used during the month, $700 c. Depreciation for the month, $1,500 d. Accrued utilities expense at April 30,$300 (use Accounts payable as the liability account needed) e. Accrued salaries at April 30, $750 f. Service revenue still unearned at April 30,$1,300 The trial balance of Nina's Novelty, Inc., at April 30, 2018, and the data needed for the month-end adjustments follow: (Click the icon to view the trial balance.) 1. (Click the icon to view the adjustment data.) Read the requirements. Requirement 1. Journalize the adjusting entries. (Record debits first, then credits. Exclude explanations from any joumal entries.) a. Insurance coverage still remaining at April 30, \$800 b. Supplies used during the month, $700 c. Depreciation for the month, $1,500 d. Accrued utilities expense at April 30, $300 (use Accounts payable as the liability account needed e. Accrued salaries at April 30,$750 r. Service revenue still unearned at April 30,$1,300 Requirement 2. The unadjusted balances have boen entered in the T-occounts for ydt. Post the adjusting ontries to the T-acoounts. Reference the posted amounds by letters, (a) through (f). Calculate the odjusted balance for each account (Use a "Bal" posting reference to show the ending balance of each acoount.) Review the adjusfing entries from Requirement 1. Common stock Retained earnings Service revenue Salaries expense Insurance expense Bal 3,900 Depreciation expense, equipment Utilities oxpense Supplies expense Requirement 3. Prepare the adjusted trial balance at April 30. 2018. I Requirement 4. How will the company use the adjusted trial balance? The company will use the adjusted trial balance to Nina's Novelty, Inc. Trial Balance April 30, 2018 More info a. Insurance coverage still remaining at April 30,$800 b. Supplies used during the month, $700 c. Depreciation for the month, $1,500 d. Accrued utilities expense at April 30,$300 (use Accounts payable as the liability account needed) e. Accrued salaries at April 30, $750 f. Service revenue still unearned at April 30,$1,300
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