The unadjusted trial balance for Kitchen Solutions as December 31 is provided on the trial balance...
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The unadjusted trial balance for Kitchen Solutions as December 31 is provided on the trial balance tab Information for adjustments is as follows: a. As of December 31, employees had earned $2,000 of unpaid and unrecorded salaries. The next payday is January 4, at which time $2,500 of salaries will be paid. b. Cost of supplies still available at December 31 total is $1,600. c. An interest payment is made every three months. The amount of unrecorded accrued interest at December 31 is $2,300. The next interest payment, at an amount of $2,760, is due on January 15. d. Analysis of Unearned Revenue shows $2,200 remaining unearned at December 31. e. Accrues $10,300 of revenue for services provided. Payment will be collected on January 31. f. Depreciation expense is $20,600. Requirement General Journal General Ledger Trial Balance Income Statement St Owners Equity Balance Sheet Post Closing Prepare the required adjusting entries and closing entries for Kitchen Solutions. View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9 10 The unadjusted trial balance for Kitchen Solutions as December 31 is provided on the trial balance tab Information for adjustments is as follows: a. As of December 31, employees had earned $2,000 of unpaid and unrecorded salaries. The next payday is January 4, at which time $2,500 of salaries will be paid. b. Cost of supplies still available at December 31 total is $1,600. c. An interest payment is made every three months. The amount of unrecorded accrued interest at December 31 is $2,300. The next interest payment, at an amount of $2,760, is due on January 15. d. Analysis of Unearned Revenue shows $2,200 remaining unearned at December 31. e. Accrues $10,300 of revenue for services provided. Payment will be collected on January 31. f. Depreciation expense is $20,600. Requirement General Journal General Ledger Trial Balance Income Statement St Owners Equity Balance Sheet Post Closing Prepare the required adjusting entries and closing entries for Kitchen Solutions. View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9 10
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