The adjustments columns of the worksheet for Misra Company are shown below

Instructions
(a) Prepare the adjusting entries.
(b) Assuming the adjusted trial balance amount for each account is normal indicate the financial statement column to which each balance should beextended.

Transcribed Image Text:

Adjustments Debit 1,100 Account Titles Credit Accounts Receivable Prepaid Insurance Accumulated Depreciation-Equipment Salaries and Wages Payable Service Revenue Salaries and Wages Expense Insurance Expensoe Depreciation Expense 300 900 500 1,100 500 300 900 2,800 2,800