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note : JUST A AND B AND C !! PLEASE SOLVE IT, THANK YOU JUST , A ,B ,C ! Instructions (a) Prepare the adjusting
note : JUST A AND B AND C !! PLEASE SOLVE IT, THANK YOU
JUST , A ,B ,C !
Instructions (a) Prepare the adjusting entries for the month of June. Use J3 as the page number for your journal. (b) Enter the totals from the trial balance as beginning account balances and place a check mark in the posting reference column. Post the adjusting entries to the ledger accounts. (c) Prepare an adjusted trial balance at June 30, 2017. P3-2A Lazy River Resort Ltd. opened for business on June 1, 2017. Its trial balance before adjustment on August 31 is as follows. In addition to those accounts listed on the trial balance, the chart of accounts for Lazy River Resort Ltd. also contains the following accounts and account numbers: No. 112 Accounts Receivable, No. 144 Accumulated Depreciation-Buildings, No. 158 Accumulated Depreciation-Equipment, No. 212 Salaries and Wages Payable, No. 230 Interest Payable, No. 631 Supplies Expense, No. 711 Depreciation Expense, No. 718 Interest Expense, and No. 722 Insurance Expense. Other data: 1. Insurance expires at the rate of 400 per month. 2. A count on August 31 shows 900 of supplies on hand. 3. Annual depreciation is 4,500 on buildings and 2,400 on equipment. 4. Unearned rent revenue of 4,100 should be recorded as rent revenue prior to August 31 . 5. Salaries of 400 were unpaid at August 31
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