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Project (Part B) Requirement 1 (Learning Objectives 3, 4: Adjust the accounts; construct the financial statements) Record the following month end adjusting entries for Gordon

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Project (Part B) Requirement 1 (Learning Objectives 3, 4: Adjust the accounts; construct the financial statements) Record the following month end adjusting entries for Gordon Construction, Inc. at June 30, 2014 Month end accruals at June 30, 2014: a. Accrued advertising revenue at June 30, $3,100. b. Supplies used during June, $2,300. c. Accrued salary expense at June 30 for Monday, Tuesday, and Wednesday. The normal five-day weekly payroll is $6,100 and will be paid on Friday. . Requirement 2 Prepare an adjusted trial balance for Gordon Construction at June 30, 2014. Project - Part B Gordon Construction, Inc. Trial Balance Work Sheet June 30, 2014 Key each adjusting entry by letter in column i. When you plug in your adjustments below into columns , and k, the adjusted trial balance will change automatically. Adjusted Adjustments Trial Balance Debit Credit Debit Credit 55,000 Trial Balance Debit 55.000 Credit Account titles Cash Accounts receivable Supplies Equipment Land Accounts payable Salary payable Common Stock Divdends Service Revenue Salary Expense Utilities Expense Supplies Expense Total 55,000 55,000 0 55,000 55,000

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