Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Take your journals that you did for the last HW assignment , the 10Journals, and post to T accounts. Then make 3 adjustment journals: 1.

Take your journals that you did for the last HW assignment , the 10Journals, and post to T accounts. Then make 3 adjustment journals:

1. We count the supplies on hand and there is only $2,500 of supplies - Make the adjustment

2. The truck we bought for $28,000, the monthly depreciation is $500 per month - make this adjustment

3. Employees worked in May and earned $750 the last week and we haven't paid them for this yet - make the adjustment

Then post these adjustments to the T accounts , total the T accounts

There is a file with the formats for this assignment called Acctg 1A HW chap 3 format

image text in transcribed

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_2

Step: 3

blur-text-image_step3

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

Fundamental Cornerstones Of Managerial Accounting

Authors: Dan L. Heitger, Maryanne M. Mowen, Don R. Hansen

1st Edition

ISBN: 0324378068, 9780324378061

More Books

Students also viewed these Accounting questions

Question

gpt 2 5 9 .

Answered: 1 week ago

Question

Price AC MIC 100 280 MR (III)

Answered: 1 week ago