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The unadjusted trial balance of Whitticker Anvils at December 31, 2024, and the data for the adjustments follow (Click the icon to view the unadjusted
The unadjusted trial balance of Whitticker Anvils at December 31, 2024, and the data for the adjustments follow (Click the icon to view the unadjusted trial balance.) Part 2 of 19 (Click the icon t Read the requireme Requirement 1. Prepare the adjusting entries and post to the T-accounts. T-accounts have been opened using the balances from the unadjusted trial b Begin by preparing the adjusting entries. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. Unearned Revenue still unearned at December 31, $3,400. Date Accounts and Explanation Dec. 31 Adj. (a) Unearned Revenue Service Revenue To adjust revenue eamed. b. Prepaid Rent still in force at December 31, $3,000. Debit Credit 2,000 2,000 Date Accounts and Explanation Debit Credit Dec. 31 Adj. (b) Rent Expense Prepaid Rent To adjust rent expense. cember 31, 2024, and Data table e.) st to the T-accounts. T- Whitticker Anvils Unadjusted Trial Balance ts first, then credits. Se Account Title $3,400. Cash lanation Accounts Receivable Prepaid Rent Office Supplies Equipment December 31, 2024 Accumulated Depreciation-Equipment Accounts Payable anation. Salaries Payable Unearned Revenue Common Stock Retained Earnings Dividends Balance Debit Credit 10,300 15,500 3,100 2,000 32,000 $ 7,000 6,300 Print Done 5,400 15,000 17,500 6,000 Points: 0.19 of 20 ng data.) T-accounts. T-acq then credits. Seled More info on ion Get more help Adjustment data: a. Unearned Revenue still uneamed at December 31, $3,400 b. Prepaid Rent still in force at December 31, $3,000 c. Office Supplies used, $1,700. d. Depreciation, $400. e. Accrued Salaries Expense at December 31, $360 Print Done -X
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