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prepare the journal e tries for these adjustments and post the entries to the general ledger account Help Save & E Desoto Compoany must make
prepare the journal e tries for these adjustments and post the entries to the general ledger account
Help Save & E Desoto Compoany must make three adjusting enties on December 31, 2019 $10.200 (supplies toraling $16.400 were purchased on December 1, 2019, and debined to the Suppies account b. Expired insurance, $7,400 on December 1, 201 Prepaid Insurance for this amount c Depreciation expense for equipment, $5.000 Required: Prepare the journal entres for these acjustments and post the entries to the general ledger accounts Complete this question by entering your answers in the tabs below Ledger Journal Post the entries to the general ledger accounts. Account No 131 Credit Account No. 121 Prepaid Insurance Date Balance Dobit Date Debit Balance Dec 01, 2019 Dec 31, 2019 Dec 1, 2019 Dec 31, 2019 Depreciation Expense Accumulated Depreci Account No. 517 Account No. 142 Equipment Equipment Debit Credit Balance Credit Balance Date Debit Date Dec 31. 2019 Dec 31, 2019 Account No. 523 Supplies Expense Date Account No. 521 Insurance Expense Date Debit Credit Balance Balance Credit Debit Dec 31. 2019 Dec 31, 2019Step by Step Solution
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