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Use the following information to complete the partial worksheet for Bills's Company. Record the appropriate adjusting entries using the data belie and extend the balances
Use the following information to complete the partial worksheet for Bills's Company. Record the appropriate adjusting entries using the data belie and extend the balances over to the adjusted trial balance columns.
or the Year Ended December 31, 2012 Adjusted Trial Balance Account Titles Trial Balance Adjustments Debit Credit Debit Credit DebitCred Merchandise Inv. Store Supplies Store Equipment Accum. Deer Store 16 10 20 6 Equip. Salaries Payable Income Summary Salary Expense 10 PRINCIPLES OF ACCOUNTING Depreciation Expense Store Supplies Exp Merchandise inventory - ending $10
Store supplies on hand. 3
Depreciation on store equipment. 2
Accrued salaries. 1
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