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Problem 12.6A (Static) Recording adjustments and completing the worksheet. LO 12-1, 1-2, 12-3, 12-4 Enoteca Fine Wines is a retail store selling vintage wines.
Problem 12.6A (Static) Recording adjustments and completing the worksheet. LO 12-1, 1-2, 12-3, 12-4 Enoteca Fine Wines is a retail store selling vintage wines. On December 31, 20X1, the firm's general ledger contained the accounts and balances below. All account balances are normal. Cash Accounts Receivable $29,886 1,500 Prepaid Advertising 488 Supplies 300 Merchandise Inventory 15,000 Store Equipment 27,000 Accumulated Depreciation-Store Equipment 3,000 Office Equipment 6,000 Accumulated Depreciation-office Equipment 1,500 Notes Payable, due 20x2 20,000 Accounts Payable 4,705 Hages Payable Social Security Tax Payable Medicare Tax Payable Unearned Seeinar Fees 8,000 Interest Payable Vincent Carbone, Capital 32,00 Vincent Carbone, Drawing 14.110 Income Summary Sale 154,97 Sales Discounts 200 Seminan Fee Incone Purchases 92,00 Purchases Returns and Allowances
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