Post the adjusting entries above to the T-accounts on the following page.
Post the adjusting entries above to the T-accounts on the following page. Assets + Cash 43,45 Liabilities - Accounts Payable+ 250 Unadj. Stockholders' Equity, continued -Retained Earnings + 0 Unadj Unadi -Dividend Payable + O nadj - Accounts Receivable- Unadj. 4,000 - Decorating Revenue 12000 nadj. Uneamed Revenue + 500 Unadj + Intest Receivable Unadj. 0 Interest Revenue - Supplies + Wage Expense 32.00 Unadj Unadj -Short-Term Notes Payable 30.00 Unadj. 1.800 + Utilities Expense Unadj 1,000 + Prepaid Insurance - Unadj6,000 Interest Payable 0 Unad + Telephone Expense- Supplies Expense- + Prepaid Rent- Unadj. 12,00 - Income Taxes Payable+ 0 Unadj + Rent Expense- + Insurance Expense- + guipment Unadi. 40,00 Stockholders' Equity Common Stock - 1.00 Unadj - Dociation Expanse - Accumulated Dept. + 0 Unadi - Additional Paid-In 9.00 Unadi - Long-Term Investments - Unad 20,00 Credit Dec 31 $ 1800 Supplies Accounts payable 31800 Assets = $800 Liabilities $ 1800 - Stockholders' Equity (B1000) Dec 31 Prepaid Rent 38000 Rent Expenses 8000 Assets = Liabilities + Sockholders' Equity (84000) ($14000) Dec 31 Prepaid Insurance isoo Inswance Expenses 8 2500 - A = L & SE ($8500) 0 ($ 3500l Dec 31 N 2000 Depreciation Expense Accumulated Depreciation & 2000 L + A ($2000) SE. ($ 2000) Dec 31 KO Unearhed Revenue Decorating Revenue 8400 A ($400) SE $400 $ 1200 Dec 31 Interest Receivable Interest Revenue 1200 SE $ 1200 31200 (W WW Bungo d. 93000 Dec 31 $ 3000 Interest Expenses Interest payable L + $ 33,000 U = $ 30,000 SE ($3000) d. $ 26, LOC Income Income 26, 110 Dec 31 - A = O Tax Expenses Tax payable L. $26.110 SE ($ 26, 110) d. $750 Dec 31 $750 Retained Earnings Dividend Payable + $ 750 SE ($750) Post the adjusting entries above to the T-accounts on the following page. Assets + Cash 43,45 Liabilities - Accounts Payable+ 250 Unadj. Stockholders' Equity, continued -Retained Earnings + 0 Unadj Unadi -Dividend Payable + O nadj - Accounts Receivable- Unadj. 4,000 - Decorating Revenue 12000 nadj. Uneamed Revenue + 500 Unadj + Intest Receivable Unadj. 0 Interest Revenue - Supplies + Wage Expense 32.00 Unadj Unadj -Short-Term Notes Payable 30.00 Unadj. 1.800 + Utilities Expense Unadj 1,000 + Prepaid Insurance - Unadj6,000 Interest Payable 0 Unad + Telephone Expense- Supplies Expense- + Prepaid Rent- Unadj. 12,00 - Income Taxes Payable+ 0 Unadj + Rent Expense- + Insurance Expense- + guipment Unadi. 40,00 Stockholders' Equity Common Stock - 1.00 Unadj - Dociation Expanse - Accumulated Dept. + 0 Unadi - Additional Paid-In 9.00 Unadi - Long-Term Investments - Unad 20,00 Credit Dec 31 $ 1800 Supplies Accounts payable 31800 Assets = $800 Liabilities $ 1800 - Stockholders' Equity (B1000) Dec 31 Prepaid Rent 38000 Rent Expenses 8000 Assets = Liabilities + Sockholders' Equity (84000) ($14000) Dec 31 Prepaid Insurance isoo Inswance Expenses 8 2500 - A = L & SE ($8500) 0 ($ 3500l Dec 31 N 2000 Depreciation Expense Accumulated Depreciation & 2000 L + A ($2000) SE. ($ 2000) Dec 31 KO Unearhed Revenue Decorating Revenue 8400 A ($400) SE $400 $ 1200 Dec 31 Interest Receivable Interest Revenue 1200 SE $ 1200 31200 (W WW Bungo d. 93000 Dec 31 $ 3000 Interest Expenses Interest payable L + $ 33,000 U = $ 30,000 SE ($3000) d. $ 26, LOC Income Income 26, 110 Dec 31 - A = O Tax Expenses Tax payable L. $26.110 SE ($ 26, 110) d. $750 Dec 31 $750 Retained Earnings Dividend Payable + $ 750 SE ($750)
