Question
XYZ Computer Services is closing out their month of January 2020. On the worksheet, you can see their trial balances. They have determined the following
XYZ Computer Services is closing out their month of January 2020. On the worksheet, you can see their trial balances. They have determined the following adjustments need to be made
1. There is depreciation expense for the equipment they own in the amount of $150 for the month 2. There will be $1,200 in salaries paid in February for days worked in January 3. $200 insurance should be allocated to January 4. Finished programming project that the customer had previously paid for in the amount of $2,000 5. Inventory of supply closet shows that $1,000 remains
what would go on the adjustments, adjusted trial balance, income statement, and balance sheet as credit and debit
THIS IS ACCOUNTING
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