Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Second picture is the same question but shows the drop down menu, both drop down menus are the same. Aleesha has printed her trial balance

image text in transcribedimage text in transcribed
image text in transcribed
image text in transcribed
Second picture is the same question but shows the drop down menu, both drop down menus are the same.
Aleesha has printed her trial balance in readiness for you to prepare her year end accounts as at 30/11/0. However, she has also made some notes about items, which she thinks may need adjusting prior to finalising the financial statements. Note 2:I paid an invoice for E2,100 back in March. This was for my business insurance for the period from Apr x0 through to March next year. Do you need to do something about this? What adjustment journal needs to be entered in relation to Aleesha's insurance? DEB CREDIT (Select your answer in each dropdown menu) What is the value of the adjustment journal for the insurance? A (Enter the value with no E sign, commo or decimal ploces) Aleesha has printed her trial balance in readiness for you to prepare her year end accounts as at 30/11/0. However. she has also made some notes about items which she thinks may need adjusting prior to finalising the financial statements. Note 2:1 paid an invoice for 22,100 back in March. This was for my business insurance for the period from Apr XO through to March next year. Do you need to do something about this? What adjustment journal needs to be entered in relation to Aleesha's insurance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Susan V. Crosson, Belverd E. Needles

10th edition

1133940595, 978-1133940593

More Books

Students also viewed these Accounting questions