Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Post adjusting entries to the T.accounts. Supplies Prepaid Rent 3/2 1,200 Prepaid Insurance 3/3 1,800 Equipment begin{tabular}{lr|r} hline 3/1 & 6,100 & hline 3/31

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Post adjusting entries to the T.accounts. Supplies Prepaid Rent 3/2 1,200 Prepaid Insurance 3/3 1,800 Equipment \begin{tabular}{lr|r} \hline 3/1 & 6,100 & \\ \hline 3/31 Bal. & 6,100 & \end{tabular} Accumulated Depreciation-Equipment \begin{tabular}{|l|lr|} \hline \multicolumn{2}{|l|}{ Notes Payable } & \multicolumn{2}{|c}{} \\ \hline & 3/1 & 4,800 \\ \hline & 3/31Bal. & 4,800 \end{tabular} Accounts Payable Salaries and Wages Payable Common Stock \begin{tabular}{l|lr} \hline & 3/1 & 11,400 \\ \hline & 3/31BaL. & 11,400 \end{tabular} Dividends 3/31 680 Maintenance and Repairs Expense 3/31 270 Supplies Expense Depreciation Expense Depreciation Expense Insurance Expense Salaries and Wages Expensk 3/20 1.330 Rent Expense Interest Expense Post adjusting entries to the T.accounts. Supplies Prepaid Rent 3/2 1,200 Prepaid Insurance 3/3 1,800 Equipment \begin{tabular}{lr|r} \hline 3/1 & 6,100 & \\ \hline 3/31 Bal. & 6,100 & \end{tabular} Accumulated Depreciation-Equipment \begin{tabular}{|l|lr|} \hline \multicolumn{2}{|l|}{ Notes Payable } & \multicolumn{2}{|c}{} \\ \hline & 3/1 & 4,800 \\ \hline & 3/31Bal. & 4,800 \end{tabular} Accounts Payable Salaries and Wages Payable Common Stock \begin{tabular}{l|lr} \hline & 3/1 & 11,400 \\ \hline & 3/31BaL. & 11,400 \end{tabular} Dividends 3/31 680 Maintenance and Repairs Expense 3/31 270 Supplies Expense Depreciation Expense Depreciation Expense Insurance Expense Salaries and Wages Expensk 3/20 1.330 Rent Expense Interest Expense

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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