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The following unadjusted and adjusted trial balance are from the current year's accounting system for the : Tapestry Inc. Trial Balnace For the year ended
The following unadjusted and adjusted trial balance are from the current year's accounting system for the :
Tapestry Inc.
Trial Balnace
For the year ended December 31
INSTRUCTIONS : Present the 6 adjusting entries in the general journal form that explain the changes in the account balances from the unadjusted to the adjusted trial balance.
Cash Accounts receivable Office supplies Prepaid advertising Building Accumulated depreciation Building Accounts payable Unearned services revenue Common stock Retained earnings Services revenue Salaries expense Utilities expense Advertising expense Supplies expense Depreciation expense building.... Totals............................................... Unadjusted Adjusted Trial Balance Trial Balance Debit Credit Debit Credit 11,300 11,300 16,340 17,140 1,145 645 1,000 450 26,700 26,700 1,300 6,300 3,320 3,500 4,410 3,010 1,000 1,000 16,905 16,905 72,400 74,600 34,500 34,500 5,450 5,630 2,900 3,450 500 5,000 99,335 99,335 105,315 105,315Step by Step Solution
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