Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You are nrovided with the following unadiusted trial balance as at 30th September 2022 for United Rental Services Required: Using the following information, prepare adjusting

image text in transcribedimage text in transcribed

You are nrovided with the following unadiusted trial balance as at 30th September 2022 for United Rental Services Required: Using the following information, prepare adjusting journal entries at as 30th September 2022 . Narrations ARE NOT required. 1. The business paid $12,000 relating to the rental of its office premises for the three-month period 1st September 2022 to 30th November 2022 . The rent was recorded as prepaid rent when it was paid. 2. The business owed its casual employees $1,800 for work performed during the last week of September. The employees had not been paid at the end of 2022. 3. The monthly depreciation on office furniture is $1,400. 4. During September 2022 office supplies totalling $3,140 were purchased for cash. On September 30th, $940 worth of supplies were still on hand. 5. The business delivered indoor plants to a client during September in relation to $3,200 of revenue received in advance from the client in August 2022. You are nrovided with the following unadiusted trial balance as at 30th September 2022 for United Rental Services Required: Using the following information, prepare adjusting journal entries at as 30th September 2022 . Narrations ARE NOT required. 1. The business paid $12,000 relating to the rental of its office premises for the three-month period 1st September 2022 to 30th November 2022 . The rent was recorded as prepaid rent when it was paid. 2. The business owed its casual employees $1,800 for work performed during the last week of September. The employees had not been paid at the end of 2022. 3. The monthly depreciation on office furniture is $1,400. 4. During September 2022 office supplies totalling $3,140 were purchased for cash. On September 30th, $940 worth of supplies were still on hand. 5. The business delivered indoor plants to a client during September in relation to $3,200 of revenue received in advance from the client in August 2022

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

Auditing And Assurance Services A Systematic Approach

Authors: William Messier, Steven Glover, Douglas Prawitt

12th Edition

ISBN: 1264100671, 978-1264100675

More Books

Students also viewed these Accounting questions

Question

What is the average age of members of your key public?

Answered: 1 week ago

Question

How likely is this public to act on information it receives?

Answered: 1 week ago

Question

What does this public think about your organization?

Answered: 1 week ago