Question: A beginning accounting student tried to complete a work sheet for

A beginning accounting student tried to complete a work sheet for Dick Ady’s Bookkeeping Service. The following adjusting entries were to have been analyzed and entered in the work sheet:
(a) Ending inventory of supplies on July 31, $130.
(b) Unexpired insurance on July 31, $420.
(c) Depreciation of office equipment, $325.
(d) Wages earned, but not paid as of July 31, $95.
REQUIRED
Review the work sheet shown on page 170 for addition mistakes, transpositions, and other errors and make all necessarycorrections.

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  • CreatedDecember 20, 2011
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