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Quick Turn Boat has completed its journal entries for the month of March and posted them to the general ledger. Based on the ledger balances,
Quick Turn Boat has completed its journal entries for the month of March and posted them to the general ledger. Based on the ledger balances, an adjusted trial balance has been prepared. The following adjustments must be made at the end of March.
Mar Depreciation on equipment for the month is $
Mar Prepaid insurance of $ has been used up this month.
Mar Interest of $ accrued on the bank loan.
Mar Unearned revenue of $ has now been earned.
Required
Complete the worksheet.
Do not enter dollar signs or commas in the input boxes.
Select the proper order for the headings of the worksheet.
Answer
Quick Turn Boat
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Worksheet
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March
Unadjusted Trial Balance Adjustments Adjusted Trial Balance
Account DR CR DR CR DR CR
Cash Answer
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Accounts Receivable Answer
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Prepaid Insurance Answer
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Equipment Answer
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Accumulated Depreciation Answer
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Accounts Payable Answer
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Interest Payable Answer
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Unearned Revenue Answer
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Bank Loan Answer
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Crews, Capital Answer
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Crews, Withdrawals Answer
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Service Revenue Answer
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Advertising Expense Answer
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Depreciation Expense Answer
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Insurance Expense Answer
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Interest Expense Answer
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Salary Expense Answer
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