Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please do part b a) Joumalize the necessary adjusting entry at the end of the accounting penod, assuming that the period ends on Wednesday, March

please do part b
image text in transcribed
a) Joumalize the necessary adjusting entry at the end of the accounting penod, assuming that the period ends on Wednesday, March 31. Refer to the chart of accounts for the exact wording of the account titles. CNOW joumals do not use lines for journal explanations. Every line on a journal page is used for debitor credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered How does sing work? PAGE: JOURNAL Score: 25/25 ACCOUNTING EQUATION DATE DESCRIPTION POST REY DENT CREDIT ASSETS LIABILITIES CQUITY Adjusting Entries Mar 31 Salaries Expense Salarles Puyable 870000 8.700.00 Ponts 5/5 (0) Joumake the necessary adjusting entry at the end of the accounting period assuming that the period ends on Thursday, March 31. Refer to the chart of account for the exact wording of the account is CNOW joumas do not use ines for journal explanations. Eppadine on a jouw pages used for debitor ordinantis CNOW wat will automatically ndent a credit only when a credit amount is entered

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

Connect For Data Analytics For Accounting

Authors: Author

2nd Edition

1264152000, 9781264152001

More Books

Students also viewed these Accounting questions

Question

How might HR technology affect the various HR functions?

Answered: 1 week ago