The unadjusted trial balance of Duville Inn Company at December 31, 2024, and the data needed...
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The unadjusted trial balance of Duville Inn Company at December 31, 2024, and the data needed for the adjustments follow (Click the icon to view the unadjusted trial balance) Read the requirements (Click the icon to view the adjustment data) Requirement 2. The four-column ledger accounts have been opened for you using the unadjusted trial balance. Post the adjusting entries to the ledger accounts a. As of December 31, Duville had $500 of Prepaid Insurance remaining Review the journal entry you prepared in Requirement 1 PREPAID INSURANCE 2024 Date Balance Item Post. Ref. Debit Credit Debit Credit Dec. 31 Balance Dec. 31 (a) INSURANCE EXPENSE Date 2024 Dec 31 Balance Dec 31 3,200 Balance Item Post. Ref. Debit Credit Debit Credit b. At the end of the month, Duville had $700 of office supplies remaining Review the journal entry you prepared in Requirement 1 OFFICE SUPPLIES Date 2024 Dec 31 Balance Dec 31 (b) SUPPLIES EXPENSE Date 2024 Dec 311 Balance Dec. 31 (b) Balance Item Post. Ref. Debit. Credit Debit Credit 1,200 Balance Item Post Ref. Debit Credit Debit Credit c. Depreciation on the building is $3,500 Review the journal entry you prepared in Requirement 1. ACCUMULATED DEPRECIATION BUILDING Balance The unadjusted trial balance of Duville Inn Company at December 31, 2024, and the data needed for the adjustments follow (Click the icon to view the unadjusted trial balance) Read the requirements (Click the icon to view the adjustment data) Requirement 2. The four-column ledger accounts have been opened for you using the unadjusted trial balance. Post the adjusting entries to the ledger accounts a. As of December 31, Duville had $500 of Prepaid Insurance remaining Review the journal entry you prepared in Requirement 1 PREPAID INSURANCE 2024 Date Balance Item Post. Ref. Debit Credit Debit Credit Dec. 31 Balance Dec. 31 (a) INSURANCE EXPENSE Date 2024 Dec 31 Balance Dec 31 3,200 Balance Item Post. Ref. Debit Credit Debit Credit b. At the end of the month, Duville had $700 of office supplies remaining Review the journal entry you prepared in Requirement 1 OFFICE SUPPLIES Date 2024 Dec 31 Balance Dec 31 (b) SUPPLIES EXPENSE Date 2024 Dec 311 Balance Dec. 31 (b) Balance Item Post. Ref. Debit. Credit Debit Credit 1,200 Balance Item Post Ref. Debit Credit Debit Credit c. Depreciation on the building is $3,500 Review the journal entry you prepared in Requirement 1. ACCUMULATED DEPRECIATION BUILDING Balance
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