This problem continues the Crystal Clear Cleaning situation from Chapter 2. Start from the unadjusted trial balance
Question:
This problem continues the Crystal Clear Cleaning situation from Chapter 2. Start from the unadjusted trial balance that Crystal Clear Cleaning prepared at November 30, 2018:
Consider the following adjustment data:
a. Cleaning supplies on hand at the end of November were $50.
b. One month's combined depreciation on all depreciable assets was estimated to be $150.
c. One month's interest expense is $59.
Requirements
1. Using the data provided from the trial balance, the previous adjustment information, and the information from Chapter 2, prepare all required adjusting journal entries at November 30.
2. Prepare an adjusted trial balance as of November 30 for Crystal Clear Cleaning.
Step by Step Answer:
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura