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prepare a ledger using the three-column form of account. enter thr trial balance amounts into the balance column and then post the adjusting entries Cash
prepare a ledger using the three-column form of account. enter thr trial balance amounts into the balance column and then post the adjusting entries
Cash Date No. 101 Balance Ref Debit Credit Explanation Balance May 31 Supplies Date No. 126 Balance Explanation Ref Debit Credit May 31 Balance V J1 May 31 Adjusting Prepaid Insurance Date Explanation May 31 Balance No. 130 Balance Ref Debit Credit J1 Ref Debit Credit No. 140 Balance May 31 Ref May 31 Adjusting Land Date Explanation Balance Buildings Date Explanation May 31 Balance Accumulated Depreciation- Buildings Date Explanation May 31 Adjusting Fouinment Debit Credit No. 141 Balance No. 142 Ref Debit Credit Balance J1 Nn 140 3.63/25 = Question 2 of 2 Debit Credit 224 No. Date Account Titles and Explanation May 1 Insurance Expenso 31 Prepaid Insurance May 2 Supplies Expense 31 224 1,496 Supplies 1.196 3. May 31 Depreciation Expense 412 280 Accumulated Depreciation Buildings Accumulated Depreciation Equipment 132 May 4 Interest Expense 448 31 Interest Payable May 5 Uncanned Rent Revenue 2,464 31 Rent Revenue 2.464 May 31 Salaries and Wages Expense 885 Salaries and Wages Payable 885 Cash Date No. 101 Balance Ref Debit Credit Explanation Balance May 31 Supplies Date No. 126 Balance Explanation Ref Debit Credit May 31 Balance V J1 May 31 Adjusting Prepaid Insurance Date Explanation May 31 Balance No. 130 Balance Ref Debit Credit J1 Ref Debit Credit No. 140 Balance May 31 Ref May 31 Adjusting Land Date Explanation Balance Buildings Date Explanation May 31 Balance Accumulated Depreciation- Buildings Date Explanation May 31 Adjusting Fouinment Debit Credit No. 141 Balance No. 142 Ref Debit Credit Balance J1 Nn 140 3.63/25 = Question 2 of 2 Debit Credit 224 No. Date Account Titles and Explanation May 1 Insurance Expenso 31 Prepaid Insurance May 2 Supplies Expense 31 224 1,496 Supplies 1.196 3. May 31 Depreciation Expense 412 280 Accumulated Depreciation Buildings Accumulated Depreciation Equipment 132 May 4 Interest Expense 448 31 Interest Payable May 5 Uncanned Rent Revenue 2,464 31 Rent Revenue 2.464 May 31 Salaries and Wages Expense 885 Salaries and Wages Payable 885 Step by Step Solution
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