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Question: 1 Prepare adjusting entry for following transactions: a. The trial balance shows Supplies OMR1,500 and Supplies Expense OMR O. IF OMR 800 of supplies
Question: 1 Prepare adjusting entry for following transactions: a. The trial balance shows Supplies OMR1,500 and Supplies Expense OMR O. IF OMR 800 of supplies are on hand at the end of the period, the adjusting entry is: b. Salim Company computes depreciation on delivery equipment at OMR 2,000 for the month of May c. At January 31, the sky company owed its employees OMR 700 in salaries and wages that will be paid on February 1. Solution: Date Account name Di Cr a b b d -ch
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