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prepare adjusting entries INSTRUCTIONS: Prepare adjusting entries and complete the worksheet for Meister Inc, a merchandising company, for the year ended December 31, 2018, using
prepare adjusting entries INSTRUCTIONS: Prepare adjusting entries and complete the worksheet for Meister Inc, a merchandising company, for the year ended December 31, 2018, using ONE of the assigned columns from below Then, complete either (2) a Multi-step Income Statement or (3) a Classified Balance Sheet. Assume that Meister Inc. uses the periodic inventory system. (32 points) 1) Information as of December 31, 2018 a) Expired insurance b) Unexpired rent c) Depreciation on warehouse d) Accrued interest on notes payable e) Supplies on hand f) Bad debts based on the aging of accounts receivable 7,000 5,000 13,000 2,000 3,000 15,000 32,000 12,000 g) Merchandise inventory, December 31, 2018 h) Unpaid salaries for the current pay period 2) Prepare a Multi-Step Income Statement for the year ended December 31, 2018. (8 points) Evening For the year ended December 31. 2018 Unadjusted Trial Balance Adustments Dwbit Creditbi Credit Debit Credit Accounts Receivable ance for Doubtful Ace ounts inventory, 12/31/2017 Recelvable(Matures &3 8/31/201 5,000 Prepaid Rent 82.000 Building Accumulated Depreciation- Building Accounts Payable Notes Payable (Due 9/00/2030) Juan Carios Capital Carlos, Dr Salaries and Wages Payable
prepare adjusting entries
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