Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Part one and part two. Thank you!! Recording adjustments and completing the worksheet. The Green Thumb Gardener is a retail store that sells plants, soil,

image text in transcribed
image text in transcribedPart one and part two. Thank you!!
Recording adjustments and completing the worksheet. The Green Thumb Gardener is a retail store that sells plants, soil, and decorative pots. On December 31, 2016, the firm's general ledger contained the accounts and balances that appear below. INSTRUCTIONS 12- Prepare the Trial Balance section of a 10-column worksheet. The worksheet covers the year ended December 31, 2016. 1. Enter the adjustments below in the Adjustments section of the worksheet.Identify each adjustment with the appropriate letter 2. 3. Complete the worksheet. ACCOUNTS AND BALANCES S 6,700 Dr 3,600 Dr 62 Cr Cosh ccoonts Receivable lowance for Doubtful Accounts Merchondise loventory Supplies 12,300 Dr 1,300 Dr. 1,080 Dr 8,700 Dr 1,600 r 2,200 Dr. 380 r Office Equipme Accumlated Degredution-Office quipment Acconts Payable Social Security Tax Payable Medicore Tax Payable ederal Unemployment Tax Payable State Unemployment Tax Payable Salaries Poyable Beth Argo, Capita Beth Argo, Drawing Soles Sales Returns and Allowance Purchases Purchases Refurns and Allowances Rent Expense Telephone Expense Salaries Expense Poyroll laxes Expense Income Summry Supplies Expense Adverfising Expense Depreciotion Expense-Store Equipmert Deprecdatin Expense-Office qpipment Uncoiletible Accounts Expense 2,725 530 Cr. 88 Cr. 30,677 21,000 Dr. 95,048 1,200 Dr 49,400 Dr 530 r. 7,000 Dr 690 Dr 15,100 D 1,370 Dr

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_2

Step: 3

blur-text-image_3

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

Forensic Accounting

Authors: Greg Shields

1st Edition

1727480988, 978-1727480986

More Books

Students also viewed these Accounting questions