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%x E3-24 (similar to) Question Help Requirements The accounting records of Foley Architects include the following selected, unadjusted balances at March 31: Accounts Receivable, $1,300;
%x E3-24 (similar to) Question Help Requirements The accounting records of Foley Architects include the following selected, unadjusted balances at March 31: Accounts Receivable, $1,300; Office Supplies, $1,000; Prepaid Rent, $2,250; Equipment, $9,500; Accumulated Depreciation Equipment, $0, Salaries Payable, So; Unearned Revenue, $500; Service Revenue, $4,600; Salaries Expense, $800; Supplies Expense, SO; Rent Expense, $0; Depreciation Expense-Equipment, $0. Inces. Use a "Bal" reference to show Enter the unadjusted balances on the first line of each account. Use a "Mar. 31" reference to show the unadjusted balance. Post the adju the ending balance of each account. (For accounts with a $0 unadjusted balance, make sure to enter "0" on the normal side of the accou 1. Journalize the adjusting entries using the letter and March 31 date in the date column. 2. Post the adjustments to the T-accounts opened for you, entering each adjustment by letter. Show each account's adjusted balance. Review the adjusting entries you prepared in Requirement 1. Accounts Receivable Salaries Payable Service Revenue 0 Adjusting entries (a) Mar. 31 600 Office Supplies Unearned Revenue Salaries Expense (b) Mar. 31 (c) Mar. 31 900 Accounts Receivable Service Revenue To accrue service revenue. Unearned Revenue Service Revenue To record service revenue that was collected in advance. Supplies Expense Office Supplies To record office supplies used. Salaries Expense Salaries Payable To accrue salaries expense. Rent Expense Prepaid Rent To record rent expense. Prepaid Rent Supplies Expense (d) Mar. 31 200 Choose from any list or enter any number in the input fields and then click Check Answer (e) Mar. 31 All parts showing 1x E3-24 (similar to) Question Help i Requirements The accounting records of Foley Architects include the following selected, unadjusted balances at March 31: Accounts Receivable, $1,300; Office Supplies, $1,000; Prepaid Rent, $2,250; Equipment, $9,500; Accumulated Depreciation Equipment, $0, Salaries Payable, $0; Unearned Revenue, $500; Service Revenue, $4,600; Salaries Expense, $800; Supplies Expense, 50; Rent Expense, $0; Depreciation Expense-Equipment, $0. 1. Journalize the adjusting entries using the letter and March 31 date in the date column. 2. Post the adjustments to the T-accounts opened for you, entering each adjustment by letter. Show each account's adjusted balance. 0 X - Adjusting entries Equipment Rent Expense (a) Mar. 31 (b) Mar. 31 Accumulated Depreciation, Equipment Depreciation Expense- Equipment (c) Mar. 31 Accounts Receivable Service Revenue To accrue service revenue. Unearned Revenue Service Revenue To record service revenue that was collected in advance. Supplies Expense Office Supplies To record office supplies used. Salaries Expense Salaries Payable To accrue salaries expense. Rent Expense Prepaid Rent To record rent expense. (d) Mar. 31 Choose from any list or enter any number in the input fields and then click Check Answer. (e) Mar. 31 All parts showing
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