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The trial balance for December 31 pocal Unc . The trial balance for December 31, 20-- has been entered below on the partial work sheet
The trial balance for December 31 pocal Unc . The trial balance for December 31, 20-- has been entered below on the partial work sheet for Camping Supply Center Required: 1. Complete the Adjustments columns using the following year-end adjustments information. Identify each adjustment with its corresponding letter. a./b. Based on a physical count, it was determined that merchandise inventory costing $21,700 is on hand as of December 31, 20-- c. Supplies remaining at the end of the year, $6,300. d. Unexpired insurance on hand at the end of the year, $2,200. Depreciation expense on the store equipment, $2,500. Depreciation expense on the building, $2,700. Unearned Rental Revenue as of December 31, $3,200. h. Wages earned but not yet paid, $660. Complete the Adjusted Trial Balance, Income Statement and Balance Sheet columns of the work sheet. Journalize the adjusting entries. Journalize the closing entries. Account Title Adjusted Trial Adjustments Cr e ated Debit C Accumulated Depreciation Store Accumulated Depreciation Building Accounts Payable Wages Payable Sales Tax Payable Mortgage Payable Onearned Rental Revenue Willie Kaplin, Capital Kales Sales Returns and Allowances Rental Revenue anches Returns and Allowances 45,120 Telephone Expense Depreciation Expense Store Iquipment 359,454359.48 3. Adjusting Entries General Journal Date P.R. Account Title Debit Credit 4. Closing Entries General Journal Date Account Title Debit Credit
The trial balance for December 31
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