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Q2 At the end of Yearl, Nancy Nanny made the following adjusting journal entries. Record each adjusting entry in properjournal entry format below using
Q2 At the end of Yearl, Nancy Nanny made the following adjusting journal entries. Record each adjusting entry in properjournal entry format below using debits and credits. Date Dec 31 rent expenses Dec 31 [blank] Dec 31 [blank] Nancy Nanny Child Care GENERAL JOURNAL Year 1 Accounts Debit Credit AJE #1 Record rent expense for the year. (Refer to TJE #2.) cash 30,000 30,000 AJE #2 Record depreciation expense for the year. (Refer to TJE #3.) [blank] [blank] [blank] AJE #3 Record interest expense for the year. (Refer to TJE #3.) [blank] [blank] [blank] AJE #4 At the end of the first year, Nancy Nanny had $6,000 of supplies still on hand that had DEC 31 [blank] not been used. (Refer to TJE #4.) [blank] blank blank blank [blank] blank blank Computations AJE #1 AJE #2 AJE #3 AJE #4
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