Read the description of following adjustuents that are required at the end of the accounting penod for Hubbard Repair Services a new firm. Determine the account and amount to be debited and the account and amount to be credised A Purchased supplies for $2750 on November 1,20x1 irventary of supplies was 5800 on November 30,201 Record the adjustment for the amount of the supplies that were used during the inonth of November 20X : B. 5 igned a 4-month contract for $2,800 of prepald advertising on November 1, 20Xi Record the adustment for the amount of the advertising contract that expired during the month of November 20x. C. Prepaid rent for the year on November 1, 20X1. Rent expired during the month of November 201 totaled $2,000 Record the adiustment on November 30,20X1. D. Depreciation is computed using the straight line method. Equpment purchased on November 1,20X1, for 59,600 has an estimated useful life of 8 years wth no salvage value. Record be adjustrent on November 30,201 Journal entry worksheet Read the description of following adjustments that are required at the end of the accounting period for Hubbard Repair Services, a new firm. Determine the account and amount to be debited and the account and amount to be credited A. Purchased supplies for $2750 on November 1, 20X1. Inventory of supplies was $800 on November 30, 20X1 Record the adjustment for the amount of the supplies that were used during the month of November 20X1. B. Signed a 4 -month contract for $2,800 of prepaid advertising on November 1, 20X1. Record the adjustment for the amount of the advertising contract that expired during the month of November 201. C. Prepaid rent for the year on November 1, 20X1. Rent expired during the month of November 20X1 totaled \$2000. Record the adjustment on November 30,201. D. Depreciation is computed using the straight-line method. Equipment purchased on November 1, 20X1, for $9,600 has an estimated useful life of 8 years with no salvage value. Record the adjustment on November 30,201 Journal entry worksheet 4 Purchased supplies for $2,750 on November 1,201. Inventory of supplies: was $800 on November 30,201. Record the adjustment for the amount of the supplies that were used during the month of November 201. Notet Enter debits before credits, Read the description of following adjustments that are required at the end of the accounting period for Hubbard fepair Services: a pew firm, Determine the account and amount to be detrited and the account and amount to be ciedited. A. Purchased supples tor $2,750 on November 1,20Xt. Inventory of supplies was $800 on November 30.201 Record the adiustment for the amount of the supples that were used during the month of November 20xt. B Signed a 4 month contract for $2.800 of prepaid advertising on November 1, 20Ci. Record the adpustment for the amount of the advertiving contract that exphed during the month of November 201 C. Prepaid rent for the year on November 1,20x1. Fent expired during the month of November 20x1 totaled $2,000. Record the odjastment on November 30, 20X1 D. Depreclation k computed using the straightane method. Equipment purchased on November 1,20x1, for 59,600 has an estumated useful life of 8 years wh no salvage value. Record the adjustmens on November 30,201 Journal entry worksheet Prepald rent for the year on November 1, 20x1. Rent expled during the month of November 200x totaled 12,000 , Mecord the adjustment of November 30,201. Mesei ficie detets befare irtdes. Read the descripton of following adjustments that are required at the end of the accounting period for Htubbard Repair Services, a new firm. Determine the account and amount to be debited and the account and amount to be credised A. Purchased supplies for $2750 on November 1, 20X1. Irventory of supplies was $800 on November 30,201. Record the adjustment for the amount of the supplies that were used duing the month of November 201. B. Signed a 4 month contract for $2.800 of prepaid advertising on November 1.20x1. Recoid the adjustrnent for the amount of the odvertising contract that expered during the month of November 201. C. Prepaid ient for the year on November 1, 20X1. Rent expired during the month of November 20x1 totaled $2,000. Record the ad,ustrment on Novernber 30, 20X1 0 . Depreciation is computed using the straight-line method. Equagment pucchased on November 1,20x1, for $9,600 has an estimated useful life of 8 years with no salvage value. Record the adjustment on November 30.201 Journal entry worksheet
