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What am I doing wrong in my t accounts? it shows that it is correct but not complete? What am i missing? 3. Summarize the
What am I doing wrong in my t accounts? it shows that it is correct but not complete? What am i missing?
3. Summarize the adjusting journal entries in T-accounts. After entering the beginning balances and computing the adjusted ending balances, prepare an adjusted trial balance as of December 31. Answer is not complete Prepaid Rent Beg. Bal. Beg. Bal. 1,170 (a) 1,170 End. Bal. End. Bal. Accumulated Depreciation-Equipment 1,130 Beg. Bal. Beg. Bal. 1.130 (b) (b) End. Bal. 2,260 End. Bal. Accounts Payable 1,130 Beg. Bal. Beg. Bal. (c) 8,700 (c) End. Bal. 9,830 End. Bal. Income Tax Payable Beg. Bal. Beg. Bal. 360 (d) End. Bal. End. Bal. Rent Expense 1,170 1,170 Depreciation Expense 1,130 1,130 Utilities Expense 12,200 8,700 20,900 Income Tax Expense 360 360
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