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Prepare adjusting journal entries, as needed, considering the account balances excerpted from the unadjusted trial balances and the adjustment data. (BE AWARE: you will need
Prepare adjusting journal entries, as needed, considering the account balances excerpted from the unadjusted trial balances and the adjustment data. (BE AWARE: you will need to use the bottom scroll bar to move right and left to see all, answer boxes). Account Property Plant & Equipment Accumulated Depreciation Prepaid Insurance Supplies Salaries Payable Unearned Service Revenue Unadjusted Trail Balance Debit (DR) [Select] $320,000 $24,000 $7,500 Credit (CR) [Select] $89,500 $6,700 supplies actual count at year end, $6,500, recognize the supplies used: Account DR $3,000 [Select]
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