Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please do all parts P3-37A (similar to) Question Help Geary Theater Production Company's partially completed worksheet as of December 31, 2014, follows. Click the icon
please do all parts
P3-37A (similar to) Question Help Geary Theater Production Company's partially completed worksheet as of December 31, 2014, follows. Click the icon to view the partially completed worksheet.) Requirements 1. Analyze the worksheet to determine the adjusting entries that account for the differences between the unadjusted trial balance and the adjusted trial balance. Complete the worksheet. Use letters a through e to label the five adjustments. 2. Journalize the adjusting entries. Worksheet December 31, 2014 Unadjusted Adjustments Adjusted Trial Balance Trial Balance Account Debit Credit Debit Credit Debit Credit 4,100 $ 4,100 6.800 5,900 1,500 800 2.750 2,200 27,000 27,000 $ 7,400 $ 11.500 3,800 3,800 400 Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Salaries Payable Geary, Capital Geary, Withdrawals Service Revenue Depreciation Expense Supplies Expense Utilities Expense Salaries Expense Insurance Expense 21.050 21,050 26,000 26,000 70.000 70.900 4.100 700 5,500 5.500 29,500 29,900 550 $ Total 102,250 $ 102,250 107,650 $ 107,650 Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining Clear All CheckStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started