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Summarize the adjusting journal entries in T-accounts. After entering the beginning balances and computing the a balances Prepaid Rent Rent Expense Beg. Bal Beg. Bal.
Summarize the adjusting journal entries in T-accounts. After entering the beginning balances and computing the a balances Prepaid Rent Rent Expense Beg. Bal Beg. Bal. 1,170 (a) 1,170 End. Bal 1,170 End. Bal 1,170 Accumulated Depreciation Depreciation Expense Beg. Bal Beg. Bal 1.130 (b) 1.130 End. Bal 1,130 End. Ba 1.130 Accounts Payable Utilities Expense Beg. Bal Beg. Bal 12,200 8,700 1,130 8,700 (c) End. Bal 9,830 End. Bal 20,900 Income Tax Payable Income Tax Expense Beg. Bal Beg. Bal 360 End. Bal 360 End. Bal. 360
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