Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The worksheet for Jasmine Kah s Auto Detailing is shown. Jasmine Kah s Auto Detailing Worksheet For Month Ended June 3 0 , 2 0

The worksheet for Jasmine Kahs Auto Detailing is shown.
Jasmine Kahs Auto Detailing
Worksheet
For Month Ended June 30,20--
1
TRIAL BALANCE
TRIAL BALANCE
ADJUSTMENTS
ADJUSTMENTS
ADJUSTED TRIAL BALANCE
ADJUSTED TRIAL BALANCE
2
ACCOUNT TITLE
DEBIT
CREDIT
DEBIT
CREDIT
DEBIT
CREDIT
3
Cash
150.00
150.00
4
Supplies
520.00
430.00
90.00
5
Prepaid Insurance
750.00
550.00
200.00
6
Cleaning Equipment
5,400.00
5,400.00
7
Accumulated DepreciationCleaning Equipment
850.00
300.00
1,150.00
8
Wages Payable
250.00
250.00
9
Jasmine Kah, Capital
4,600.00
4,600.00
10
Detailing Fees
2,220.00
2,220.00
11
Wages Expense
700.00
250.00
950.00
12
Advertising Expense
150.00
150.00
13
Supplies Expense
430.00
430.00
14
Insurance Expense
550.00
550.00
15
Depreciation ExpenseCleaning Equipment
300.00
300.00
16
$7,670.00
$7,670.00
$1,530.00
$1,530.00
$8,220.00
$8,220.00
Required:
Journalize the four adjusting entries as of June 30, in proper general journal format.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting For Undergraduates

Authors: Christensen, Theodore E. Hobson, L. Scott Wallace, James S.

1st Edition

1618531123, 9781618531124

More Books

Students also viewed these Accounting questions

Question

=+c) What do you conclude about the average value of the

Answered: 1 week ago

Question

=+interactive online components, out-of-home messages, print ads,

Answered: 1 week ago

Question

=+Why does the brand want to advertise?

Answered: 1 week ago

Question

=+12. Did your concept illustrate the brand's personality?

Answered: 1 week ago